Turn-key Real Estate Sales & Leasing operation

CA

Seller Financing Available
multiple meeting spaces
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Asking Price: Get Financing: $400,000

Cash Flow: $250,000

Gross Revenue: $816,000

EBITDA: $175,000

FF&E: $150,000

Inventory: N/A

Real Estate: $1,550,000*

Established: 1980

*not included in asking price.

Turn-key Real Estate Sales & Leasing operation

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Business Description

Award-winning property management & real estate sales office for sale

This unique opportunity to own a market as well as the operational real estate comes only once every generation.

The offering is for a well-established residential real estate sales, leasing, and property management company and its business location, having generated predictive income for decades.

Private offering of an award-winning, well-positioned, and centrally located property management and real estate office with a proven track record. Long-term and loyal clients in property management as well as sales. Operations offer several options - including owner re-branding, existing branding, and franchise license operation.

Optional to be acquired is the franchise license. The franchise brand is a nationally known franchise, which has brand-name recognition in the market place. It will assist in drawing new agents as well as farming additional territories.

The offering is for the operation as well as the prominent real estate in which it resides.
This real estate is one of the rarest locations on the West Coast: located in the most picturesque of settings, it is the only realty space of its kind in Northern California, offering ample space, options, and opportunities for business and growth. It provides a world-class setting for any owner, broker, and agent to conduct business and meetings, the location itself is a great recruiting tool for new talent.

By owning the venue as well as business assets, it gives any owner the very rare option of ultimate independence and stability.

The operation includes three distinct revenue streams - leasing, property management, sales. A long-term client base and repeat business built into decades of rental and sales history - a unique feature in today's competitive and fast-paced environment.

In addition, the venue can accommodate healthy growth for any owner / operator, including a sizeable number of desks for an operation that can support as many agents as the owner/operator can recruit.

The office infrastructure has been thoroughly updated (cosmetics, building systems, signage, etc.) and there is sufficient capacity to operate several larger scale options from this location, the real estate related activity options seem limitless.

Award-winning implementation of a nationally known and respected brand, the current owner has initiated the path of expansion. The steps already undertaken will greatly assist any new owner in their venture.

The offer to purchase the operation comprises of both the real estate as well as the business asset sale. Third party Evaluations for both will be provided to interested parties upon request.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
3,000
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The purchase of the commercial real estate runs with the offering of the purchase of the business assets. (Details included.) Centrally located, spacious office space, including client lounge, conference rooms, open floor offices, private offices, back office, ample storage, kitchen, facilities. Professional upgrades and up-to-date FF&E are included, make this a turn-key operation for the right buyer.
Competition:
Operation is a sales leader in its respective market and dominates key metrics. (Available upon request.) In general: operation and office is centrally located to the major markets of the Bay Area. Ideal as stand-alone operation with lots of room for growth. Also perfect as an HQ / spring-board location for Alameda, Contra Costa, Marin, San Francisco Counties.
Growth & Expansion:
Growth opportunities & territories for up to 30 additional agents have been identified, and are waiting for the successive owner/operator to implement, to grow, and sales expand operations, and to use as a recruiting tool for new agents. Business lends itself to expansion with well-established management accounts, and as a unique recruiting tool for real estate agents.
Financing:
3-4 yr note at preferred rate for business asset sale available option.
Support & Training:
Full on-boarding, including operational manuals, as needed and/or desired and per mutual agreement. Optional training by seller of award-winning implementation of franchise sales system, as and if desired by buyer, if franchise license is being transferred.
Reason for Selling:
Seller to focus on other ventures outside this territory.
Franchise:
This business is an established franchise
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Business Listed By:
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