MergerPlace

Highly Profitable CFL RE Brokerage

Not disclosed, Florida


  • Asking Price: $1,600,000
  • Gross Income: $2,557,163
  • Cash Flow: $331,271
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $25,000
  • Listing ID: #221601
  • Established: 2009
  • Employees: 1 FT/3 PT

Business Description

Premier Real Estate Brokerage with multiple offices for sale that dominates the Sunny Central Florida short-term and residential sales market for the past 10 plus years. Get an instant and prominent presence in beautiful Central Florida with a name that has been loved and trusted for years. Proven to be Covid-Resistant, this stellar brokerage did more sales last year during Covid than the year before without! And 2021 should see some significant growth when the strict travel restrictions ease and the short-term rental sales EXPLODES with international clientele that has been pent-up for way too long! The 2020 profitability does NOT include the $70k plus in PPP and EIDL that the seller received. So, in reality, they were way more profitable than what the P&L reflects!

With over 30 agents in 2 offices that closed over 290 deals last year, 2020 had gross sales of well over $2.4MM with a very clean Owner’s Benefit over $330k. The broker is non-competing (does not sell) so the sales and growth should continue. The seller is willing to provide an ample and smooth transition period by staying on for a couple years as the broker of record or associate-broker that sells. Some Seller financing available to buyer in seller's sole discretion. PFS or proof of funds are required by the seller. 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: $2,557,163
Cash Flow: $331,271
FF&E: $25,000
Seller Financing Available: No

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