Profitable Real Estate Company-PRICE REDUCED!

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Profitable Real Estate Business
Asking Price:
$185,500

Gross Revenue:
$826,824
Cash Flow:
$197,090
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
$33,500
included in asking price

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Business Description

Profitable Turn-Key Real Estate Company: This small niche Real Estate Company has been in business for about 4 years. They sell residential real estate in the Treasure Valley; which includes local, regional and national clients.

--This is a husband & wife team and the cash flow reflects their total commissions.
-Services include; sell real estate, providing comparable market valuations, professional photography, color flyers, and staging consultation.
-Business has advertised heavily on radio as well as promoting in the internet & social media sites.
-They have a huge following on Facebook, Twitter and Instagram.
-Currently there are 14 licensed Agents including the owners and one Office Manager.
-Business has grown by 79% the second year, 59% the 3rd year, and finished with another good year in 2017.
-Owner would consider financing with the right experienced qualified Buyer!
-Seller would also stay on for a period of time if a new Buyer needed to use his license if he is not a Broker yet.
-Seller is selling because his future plans may involve moving the family out of the country.
-There are 2 agents on staff that are taking Broker courses and both would like to be the Broker of record in the future.

SERIOUS INQUIRIES ONLY PLEASE! Potential Buyers must sign a Confidentiality Agreement, as well as provide proof of funding (Financial Statement or Bank Statement).

GREAT OPPORTUNITY FOR A NEW "HUSBAND & WIFE TEAM"!

About the Business

Year Established:
2014
Number of Employees:
15
Real Estate:
Leased
Building Sq. Ft.:
700
Lease Amount/Mo.:
$600.00
Lease Expiration:
2/1/2019
Facilities:
700 sq. ft. office with an Office Manager in place. Most of the agents work from home, so the Broker downsized from the large office he owned downtown to control expenses. Right now the lease is a month to month!
Market Outlook/
Competition:
Plenty of competition in the area, but this company has their own niche in the marketplace.
Growth & Expansion:
Opportunity to expand the company's on-line presence, continue to build on their social media accounts, and bring on more agents.
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About the Sale

Reason For Selling:
Future plans may require moving out of the country.
Training/Support:
Seller will train for a period of 4 weeks at no cost!

Listing Info

ID:
1475639
Ad Detail Views:
90

Attached Files Attachment Disclaimer

  Confidentiality Agreement (217 KB)
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Business Listed by

Gary Spiers

Coldwell Banker Tomlinson Group

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