• Listing ID: 1098333
  • (Seller ref: NASHVTN001-N757)

Leasing Agency With 7 Properties For Sale


Location:
Category:
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Listed by:


Asking price:
$13,250,000 (Furniture / Fixtures included)
Sales revenue:
$1,567,226
Cash flow:
$417,589
Years established:
11
Employees:
Full Time: 2

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For sale are two businesses that include 7 investment properties. There is a real estate company that owns the properties and collects rent, and an operating, profitable business that pays fair market rent for each property. The companies are owned by the same individuals, and operate separately, but are sold together. Very strong and proven business system that covers all of Middle Tennessee. Niche business with very few competitors and a strong web presence. The cash flow has been calculated after Fair Market Rent has been expensed and the properties have recent appraisals. These businesses have been recently expanded and have grown tremendously in the past couple of years. Currently they're experiencing 85% occupancy rate.

Tremendous opportunity to bring the concept to larger market areas in the southeast, and mid-west of the country. The business has no geographical limitations and can easily be expanded farther into Tennessee, and neighboring states.


Real Estate:
Real Property Included
Premises details:
various sq ft, $N/A

Reasons for selling:
Other interests.
Trading hours:
Days: M-F
Financing available:
Downpayment Required: $0
Furniture / Fixtures value:
$588,750 (included in the asking price)

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


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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