MergerPlace

Residential Real Estate Sales

Idaho (Canyon)


  • Asking Price: $150,000
  • Gross Income: $956,591
  • Cash Flow: $61,169
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $1,000
  • Listing ID: #217678
  • Established: 1974
  • Employees: 2 FT / 2 PT

Business Description

For almost half a century, this well-known, respected and trusted real estate firm has been assisting home sellers, buyers and investors with their transactions while also providing residential property management services. With its devoted team of experienced and professional agents serving customers and building continuous brand development and goodwill.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Idaho
County: Canyon

Company Information

Year Established: 1974
Home Based: No
Franchise: Yes
Relocatable: No
Number of Employees: 2 FT / 2 PT

Financial Information

Asking Price: $150,000
Gross Revenue: $956,591
Cash Flow: $61,169
FF&E: $1,000
Seller Financing Available: No

Property Information

Facilities:

Firm is located in a commercial office building in a high visibility commercial area close to all downtown amenities. Easy access and ample parking for clients and ample room for customer facing and back-office operations and staff. Property is offered for lease by seller at market rate.

Growth & expansion opportunities:

The Communities within which the Company operates are directly in the path of growth in the Treasure Valley. The Treasure Valley is forecast to grow by nearly 50% or 300,000 people over the next 20 years.

Competition:

Company competes in a highly fragmented industry for listings and agents, but has accumulated goodwill due to longevity in market and brand awareness.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost The Company provides licensed residential real estate services plus property management and leasing. The current company owner fulfills the role of Designated Broker for regulatory compliance with the Idaho Real Estate Commission.

Contact Business Seller

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Business Listed By:

David Choate

Murphy Business Brokers