MergerPlace

Highly Profitable CFL RE Brokerage

Not disclosed, Florida


  • Asking Price: $1,600,000
  • Gross Income: $2,542,104
  • Cash Flow: $344,103
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #221601
  • Established: 2009
  • Employees: 1 FT/3 PT

Business Description

Nobody sells Mickey Mouse better than this premier Real estate brokerage that dominates the Central Florida residential and short term rental sales market for over the past 10 plus years. With over 30 agents in 2 offices that closed over 350 deals last year (2019). There are still plenty of residential, short term rental and international clientele deals in the pipeline that are active and pending for 2020. Already, Jan - Nov 2020 total income is OVER $2.3M with a very clean owner's benefit of around $314k. The broker is non-competing and does not sell. So the sales and profitability should continue to grow with a new owner. The Seller desires to retire but will offer an ample, smooth transition period for a new owner that wants an instant and prominent presence in Central Florida with a name that has been loved and trusted for years. Some Seller financing available to buyer in sellers sole discretion. The 10% Down payment advertised is assuming the buyer can qualify for SBA financing. The terms advertised are approximate. Please refer to listing # 2301513078 and ask for H. JOE STRICKLAND when inquiring


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Florida
Metropolitan Area: Not disclosed

Company Information

Year Established: 2009
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1 FT/3 PT

Financial Information

Asking Price: $1,600,000
Gross Revenue: $2,542,104
Cash Flow: $344,103
FF&E: $25,000
Seller Financing Available: Yes

Property Information

Facilities:

Lease/Month: 4300 Square Footage: 3000 Building Type: Business Condo Terms & Options: Negotiable Expiration Date: 11/1/2021

Reason for selling:

Retire

Support & Training:

Two weeks of training at no cost

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

H. JOE STRICKLAND

Transworld Business Brokers of Central Florida