Residential Real Estate Appraisals
Location: Texas > North Texas
Industry: Real Estate > Title and Escrow Companies
Financials
Asking Price: $200,000
Gross Revenue: $412,650
Gross Revenue Comments: Will be over $500,000. in 2007
Cash Flow: $189,087
FF&E: $10,000 (Included in Asking Price)
Seller Financing: Seller will finance $20,000 of the selling price to qualified buyer and subordinate the loan to SBA lender, if needed.
Business Summary
Provides residential real estate appraisals to title companies, realtors, lenders, attorneys, home owners, business owners developers and other businesses located in Dallas, Collin and Denton county.
This business produces significant amount of cash flow for the owner.
This business produces significant amount of cash flow for the owner.
About the Business
Year Established: 1995
Employees: 1 full time - 5 part time
Relocatable: Yes
Facilities: Leases 1200 sq. feet of office space in an up scale building in North Dallas county.
Market Outlook and Competition: One of three larger appraisal companies servicing Dallas, Ft-Worth, Frisco and Denton area lenders. This area is experiencing strong R/E growth and is projected to develop more in the near future.
About the Sale
Management Training and Support: Seller will train buyer for 2 months and be available for conlultation by telephone longer, if needed.
Reason For Selling: Going into real estate sales full time and cannot handle both business activities.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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