Residential Real Estate & Property Management Company For Sale

Business description

Business Summary:
If a career in Real Estate is your goal, consider this opportunity. This high-growth company is in its third year of operation and has established a reputation for quality service in selling homes (73% of revenues) and managing residential properties (27% of revenues). The company has an excellent website, IDX with five domain names and professionally developed logos.

Revenues should double in 2012 as the residential real estate market in SW Riverside County continues to improve. This is an outstanding opportunity for someone who desires to run and grow an established business with two sources of income. A good inventory of listings provides the potential for ongoing cash flow and, as with any commission sales business , the potential is limited only by the entrepreneurial ability of the owner.

General Information

Year Established: 2009

Employees: 12 commissioned real estate sales agents.

Facility: Executive suite at $155 per month

Price Includes: Website, IDX with five domain names, professionally developed logos and merchandise – mugs, shirts, key chains, glassware, pens, tote bags, folders.

Reason Selling: Starting another business

Asking Price: $49,500

Gross Revenues: 126,200

Seller’s Discretionary Earnings: 24,400

Property information

Real Estate:

Lease

Premises details:

$155.00

Business Operation

Reasons for selling:

Starting another business.

Years established:

3

Other information

Financing available:

Downpayment Required: $49,500