Seller Financing Available

Asking Price:

$350,000

Gross Income:

$1,000,000

Cash Flow:

$100,000

EBITDA:

$100,000

FF&E:

$1,000.00 *

Inventory:

$10,000,000.00 *

Real Estate:

$0.00 **

Year Established:

1985

Employees:

1

Business Types:

Other Business Services
Educational Services

** not included in the asking price

* included in the asking price

Business Description

This is one of the oldest and well established business broker companies in Austin. The Owner has been an owner operator since he started the business in1985 and has had the opportunity to work with small to mid size companies and mergers and acquisitions up to $22,000,000 in value.This industry is still in the growth stages and there is not much competition, which leaves the possibility of expansion to other cities. The owner will do all that is required to help with the transition for the buyer/owner/partner for up to one year at no additional cost. All of the current listings go with the business as well as new listings prior to closing. A real estate license is not necessary when selling businesses that do not include real estate, which account for 90% of sales. The owner has an existing real estate brokers license and would continue to hold it for the new owner to enable them to list real estate, commercial property and other related real estate if they so desire. This an excellent opportunity for the right person to grow the company and expand it as large as they want.

Detailed Information

Facilities:

This is an existing Business brokerage company that has been in business for 25 years in the Austin area. Assets include all broker listings, web domain name, client lists, training manuals, forms, one year agreement to stay on at no additional cost. Seller will help with training of new agents if buyer wishes to expand business. Business is run from home office.

Competition:

This is a well established business in the Austin market with many established clients throughout the 25 year career. The business can be run from your home or present office location with minimal overhead. A six figure income is available for those that understand the higher fees this business generates. Fees range from 6% to 12%.

Growth/Expansion:

There is a big demand for busineses and franchises in the Austin and surrounding areas. Services include valuations for businesses, consultation, selling of businesses, consulting with buyers, and co-brokering. One could also expand their area by setting up locations with friends and family members in other towns and cities. Commercial RE could also be added for added revenues.

Financing:

Owner will finance to qualified buyer.

Support/Training:

Seller will stay on as needed for one year. Seller will take on a partner in all 50 states if there is an interest.Including the Texas market in any city they choose.

Reason Selling:

Time to start exit strategy for retirement.