| Asking Price |
$59,000 | Inventory |
|
|---|---|---|---|
| Gross Income |
$28,000 | Real Estate |
|
| Cash Flow |
$24,500 | Year Established | 2006 |
| FF&E |
$25,000* | Employees | 0 |
* included in the asking price
** not included in the asking price
If you are looking for an easy to run web site, with nothing to inventory and nothing to ship, you just found it. This site is a free repository of information to the millions of renters in the NYC rental market. The site contains a wonderful blog, and the only NYC landlord review database on the internet. The site has great google ranking (PR4 or 5). (The FF&E is the minimal value of the domain and web site $25,000). Overhead for the site is only $2,800 a year. The seller spends 1 or 2 hours a WEEK witting blog for the site. If you spent a few hours a week contacting management companies and other advertisers, you could seriously drive up the net profit. Owner would stay on for 1-2 years to continue blog and columns to keep marketing and site relevant. If you have the money, and you feel this is the business you have been looking for, contact Neil Meislin 315 732-1439.
Facilities: You can operate this business from any home office, anywhere.
Competition: There are others in the business, but this business has a unique marketing connection, as the owner writes for the NY Times, and can benefit the site.
Growth/Expansion: By charging listing fees to landlords and management companies, you can raise the net income by $100,000. You can also increase advertising income with: banner ads, feature management companies,add profile information for a fee. The seller will instruct the buyer on increasing the advertising income.
Support/Training: Full support and training will be provided.
Reason Selling: Seller has other businesses.

Neil Meislin
315 732-1439
Business Brokers of America Inc.
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