• Listing ID: 1256864

Arkansas Real Estate Training School With Steady Income For Sale


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Asking price:
$275,000 (Furniture / Fixtures included)
Sales revenue:
$230,000
Cash flow:
$112,410
Years established:
1982
Employees:
3
Relocatable:
This business can be relocated.

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This highly successful, stable business has educated thousands of agents all over Arkansas for many years, and is recognized as the leader in it's field of quality education. Much of the business is reoccuring continuing education, required year after year. The profit has remained steady for years, with a staff of veteran teachers in place. The owner is involved part time as an instructor, and oversees the business in general. Due to health concerns, the owner must sell. He is willing to work part time for a new owner for up to a year to insure a smooth transition.


Real Estate:
Lease
Lease terms:
month to month, renegotiable
Leasehold rent:
$19,200 per annum
Location:
Busy main city street in high traffic area.
Premises details:
The school is located on a busy highway and is within a free standing building. The facility consists of a class room with ample space, a front office, a break room for the students, and several private offices as well.
Size in square feet:
2,000

Expansion potential:
The owner knows of several ways an aggresive new owner could increase revenue significantly.
Planning consent:
commercial
Competition / Market:
very little competition in the area
Support & training:
30 to 60 days included, and part time work available by seller for up to a year.
Reasons for selling:
health concerns, retirement
Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:
partial financing provided for qualified buyer
Furniture / Fixtures value:
$10,000 (included in the asking price)

For more information about this business for sale, click the Contact Seller button.


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