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Asking Price
$395,000

Annual Cash Flow $198,287

Annual Revenue $890,000


EBITDTA: N/A

FF&E: $20,000

Lease Rate: $850

Ref ID: N844-LC

Established: 2011

Business Description

Successful Established Impressive Growth Gulf Coast Lifestyle Business

This established Real Estate Business has 8 agents that include the qualifying broker that would like to stay with a new owner.

This successful office has 30 active listings and has already sold 28 so far this year. In 2017 the business sold 50 properties with over $20 million in sales. They have a very active and profitable property management side with an exclusive 68 unit resort/condo facility, 35 short term rentals and 15 long term rentals. All in the fastest growing county in Alabama and all along this Gulf Coast resort area.

The business has shown impressive growth and 2018 is shaping up to be a banner year. The seller would like to stay and work as an agent for a new owner; he is just ready to slow down and work at a reduced pace.

NDA required; this does not include any Real Estate and does not qualify for co broker.

Price to sell fast and great opportunity to live and work in a Gulf Coast paradise.

Detailed Information

State:AL

Listing Agent:Lanier Chew

Real Estate: Leased

Building SF: 750

Employees: 5 FTE

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

City:Baldwin County

Phone:251-802-0516

Facilities: 750 sq. ft. leased space

Support & Training: Seller will negotiate a transition period

Reason for Selling: Semi-Retirement

Lease Expiration: N/A