Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Seaside Italian Estate Property Agency With (optional) Property For Sale

Cosenza, Italy
Asking Price:
€250,000
Sales Revenue:
€500K - €1M
Cash Flow:
Not applicable

Tired of English weather? Move to Italian seaside today! (However, the purchase of this business does not require the owner’s full time presence in Italy)

Estate Agency / Investment company with optional owner's luxury accommodation in seaside town in Southern Italy

A Real Estate Agency and investment company is for sale with many years in a leading market position, with simplified accounting. Knowledge of Italian language not essential as all staff speaks English.

Agency sells seaside holiday homes to clients from UK, US, Ireland, Germany, Norway, Sweden and Russia.

The agency’s websites in English are included.

Owner's net profits from own investment contracts (no extra funds required) and commissions - about 10,000-15,000 Euros per month (100-150K per year)

Included in the sales price: training, introduction to business affairs, revenue from ongoing sales.

All advertising, viewings etc are done by Managers.

Price:
1. Business only: 250,000 Euros o.n.o. (in this price included current investment contracts with developers with profit of around 300,000 EUR (with future regular similar contracts with similar profits per projects for life)

2. The business + Luxury villa for the owner: 650,000 Euros. (Market price of the villa is 499,000 Euros plus registration fees). Can add a boat on request (no license required)

The purchase of this business does not require the owner’s full time presence in Italy.

Current management will for new business owner on commission basis.

Additional information such as financial reports for the past year, photographs and more is available upon request.

Sale due to family member's illness forces to move back to UK and give constant personal attention to the family member mentioned.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Optional: Luxury villa, 3 bedrooms, 'relax' zone with sauna, jacuzzi, american pool etc, terraces with seaview, fully furnished to high standards, has communal pool and parking. Can be rented for up to 10,000 per month of August, other months rent varies.

Location:

Scalea (Calabria, Italy) / Can be run from anywhere if bought as 'business only'

Premises Details:

Office (leased in partnership)

Size in square feet:
2,900
Planning Consent:

n/a

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Yes.

Competition / Market:

Small or non-existent

Reasons for selling:

Family member's illness forces owner to move back to UK and provide constant personal attention to the family member mentioned.

Trading hours:

all year around

Employees:
2
Years established:
20

Other Information

Support & training:

Full training given

Home based:
This business can be run from home