Long Established Real Estate Brokerage in Conroe, TX

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Long Established Real Estate Brokerage in Lake Conroe Area
Asking Price:
$400,000

Gross Revenue:
$1,000,000
Cash Flow:
$100,000
EBITDA:
$100,000
Inventory:
 Not Disclosed
included in asking price

FF&E:
$30,000
included in asking price

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Business Description

This real estate brokerage has been operating since 2006 and currently has over 20 agents working. High visibility location off a major highway with 40,000 cars per day traffic count. 4 years left on a 5 year lease at current location. The office was remodeled last year to accommodate more agents and growth.

About the Business

Year Established:
2006
Number of Employees:
1
Real Estate:
Leased
Building Sq. Ft.:
2,500
Rent:
$3,500.00 Per Month
Lease Expiration:
5/31/2023
Facilities:
10 offices, 30 desks and chairs, leased copier, conference tables, computers, tv's, electronic equipment
Market Outlook/
Competition:
Location is well suited to serve north, east, south, and west sides of the county. Our name is synonymous with professionalism, integrity, and honesty, and we enjoy the highest average sales and listing price in the area compared to the competition. The business name can stay or it can be changed at new owners discretion.
Growth & Expansion:
The office can handle 25 more agents easily after the remodel expansion.
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About the Sale

Training/Support:
Current co-owner is the top producer. She will stay on and continue working with the company in an agent capacity only.

Listing Info

ID:
1449664
Ad Detail Views:
0

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U.S. Census Data for Montgomery County, TX
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Montgomery County, TX
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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