Businesses for Sale

Residential Real Estate & Property Management Comp

 

Real Estate Related - Property Management

Contact Information

D. Joe Atchison

Sunbelt Business Brokers Riverside

phone: (951) 277-4002
CONTACT US TODAY


Status Active  
Listing ID N801-JA
Listed Price $49,500
Down Payment $49,500
SDE $24,400
Total Sales $126,200

Asset Info

Included in price
Not included in price


Reason For Sale

Starting another business


Operations

Year Established 2009
Form of Ownership Undisclosed
Absentee Owner N
Franchise N
Days & Hours
Years Owned
Business Age 3

Location

Southwest Riverside County
Type of Location
Lease Expires
Security on Lease
Location Comments

Executive Summary

Business Description

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