Real Estate Company looking for Furnding to buy out Competing busiens

Manhattan, NY (New York County)

Real Estate Company looking for Furnding to buy out Competing busiens

Asking Price:$1,000,000

Cash Flow:$500,000

Gross Revenue:$20,000,000

EBITDA:$400,000

FF&E:$50,000

Inventory:N/A

Rate/Sq. Ft.:$35.00

Established:2009

Real Estate Company looking for Furnding to buy out Competing busiens

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Business Description

Merg/ buyout of Real Estate Brokerage tech business

We are a real estate brokerage company based out of Manhattan. We are licensed in New York, Connecticut, New Jersey, and florida. We are looking to buy out a major competitor of ours in New York.

Detailed Information

Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Expiration:
11/2/2018
Employees:
400
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
We have built out a proprietary technology that allows agents to conduct business vertually and connect/ match and interact with their clients.
Competition:
There are two main competitors in our market. We are looking to take out our largest competitor through a merger.
Growth & Expansion:
We have grown exponentially since our founding. We are looking to double in size through the strategic merger. We are looking for an equity partner or potentially a loan to purchase competitor.
Support & Training:
Our company offers support to all our real estate agents as well as training from managers. In addition we have relationships with attorneys, mortgage brokers and other industry
Reason for Selling:
We are looking for an equity partner or financing
Business Website:
http://Opgny.com

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Business Listed By:
Adam Mahfouda

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