Residential Real Estate Brokerage Business for Sale

  • $2,000,000
Florida City, Florida
  • 806446
  • Cash Flow
  • 5375701
  • Gross Revenue
  • 15000
  • FF&E

Overview

Listing ID: 23268
  • 806446
  • Cash Flow
  • 5375701
  • Gross Revenue
  • 15000
  • FF&E

Description

Turnkey Operation-High Six Figure Owner Benefit

DON’T MISS THIS OPPORTUNITY!!!!

This is a unique opportunity that very seldom comes on the market.

Attention Business Professionals: This is your chance to acquire a very successful and well-established Real Estate Brokerage, with an outstanding reputation, located on the Southwest Coast of Florida.

The Southwest Coast of Florida is highly desirable and with over 1000 new residents moving into Florida daily, projections for the housing market in the coming years is outstanding. You can buy this business with confidence, knowing that you will have continued success.

This is a successful, professional and well managed brokerage, with multiple offices in key locations. This real estate brokerage benefits from a large team of licensed, professional and fully trained real estate agents generating a substantial income for the non-sales producing broker/owner.

The company generates a significant amount of buyer and seller prospects through extensive marketing and typically carries a good level of listing inventory at any one time.

This business is perfect for either an Entrepreneur Investor looking for a great ROI, with the added benefit of an absentee owner option, or if you are an Independent Residential Real Estate Brokerage looking to grow your business through an acquisition, or a Licensed Real Estate Agent / Broker looking to operate your own Real Estate Brokerage.

This is a turnkey independent Real Estate Brokerage that has generated consistent, predictable income for many years, with an excellent owner benefit with steady revenue growth shown over 2018, 2019 & 2020.

This is a multi-million dollar producing company, with great financials available to a qualified and validated buyer. COVD-19 had zero impact on this business, with 2020 being the best year ever for this company and 2021 looking to be even stronger.

The buyer of this business will be well positioned and will establish themselves immediately as a major, key player within the Real Estate Industry in SW Florida.

The seller, who is the owner and managing broker would be prepared to offer flexible handover terms and would consider an agreement to continue running the business as at present for an agreed salary, or to stay on as an agent for an agreed period to assist a new owner with a smooth transition or leave should the buyer prefer – the seller is very flexible in these terms to formulate a transaction.

Should the buyer not have a Florida Real Estate Broker license, the selling Broker would be prepared to maintain their license active and in place for the new ownership for an agreed period, to enable the new buyer to get their Florida Real Estate Broker License.

Some owner financing would be considered for a qualified buyer.

Detailed Information:
• W2 Employees: 3
• 1099 Independent Contractors: 100+
• Furniture, Fixtures, & Equipment (FF&E): Included in asking price
• Facilities: Not Disclosed

This business has multiple office locations, but management of the business by the owner can certainly be at home.

PLEASE DO NOT INQUIRE ON THIS BUSINESS, UNLESS YOU ARE PREPARED TO SUBMIT A SIGNED NDA, PROVIDE A BRIEF RESUME AND AN ABBREVIATED FINANCIAL STATEMENT DEMONSTRATING THAT YOU HAVE THE ABILITY TO POTENTIAL MAKE THE PURCHASE OF THIS BUSINESS.

For more information contact Hank Goldsby @ (941) 726-2250. All inquiries will be kept strictly confidential for both the owner and the privacy of potential buyers.

  • Address Florida City, FL, USA
  • City Florida City
  • State/county Florida
  • Country United States

Details

Updated on August 16, 2021 at 1:22 am
  • Listing ID: 23268
  • Price: $2,000,000
  • Business Type: Service Business
  • Listing Status: For Sale
  • Cash Flow: 806446
  • Gross Revenue: 5375701
  • FF&E: 15000
  • Year Established: 2009
  • Number of Employees: 3
  • Business Is: Relocatable
  • Support & Training: Seller will remain on for an agreed period of time after closing at no cost and could be prepared to negotiate staying on for an extended period of time in a capacity to be agreed upon between the buyer and the seller for a compensation agreement to be ne
  • Reason for Selling: After 10+ years in business, the owner wishes to pursue other interests.
  • Competition: There are other real estate brokerage firms around, large and small, some independent and some franchise branded - but this brokerage offers special attention to detail in terms of customer service, training of agents and as a result this brokerage has a

Additional details

  • Furniture, Fixtures, & Equipment (FF&E): Included in the asking price
  • Growth & Expansion: COVID-19 had zero impact this Brokerage in 2020. Business will continue to thrive in 2021 as more inventory comes back on the market and the migration to Florida from the Northeast continues. People are drawn to Florida due to the favorable climate, taxes
  • Financing: Some financing to be negotiated, for a qualified buyer
  • Facilities: Not Disclosed

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