Listing ID: 23121

Business Overview

Successful real-estate agency in New York City.

Owner has invested over $2M in infrastructure and runs the business absentee.

There are currently 450 agents, around 100 that pay $150 in monthly desk fees.

Agency recently rebranded to a franchise name and has nine years left on the franchise agreement.

Business now retains exclusive benefits under the franchise, such as a CRM for agents and marketing, and has been able to decrease overhead.

Marketing costs have been nearly cut in half because of the marketing done by the franchise.

Agency does a split of residential sales and residential rentals.

Franchise fee is 6% as is the brokers responsibility.

Owner is willing to stay with the entire management team. This is a fast-growing business with a fantastic revenue stream.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Business Owners: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me at info@hedgestone.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

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FOR INTERESTED PARTIES PLEASE CALL US AT (561) 593-3711

Financial

  • Asking Price: $3,300,000
  • Cash Flow: $1,200,000
  • Gross Revenue: $3,000,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: No
  • Established: 2016

Detailed Information

  • Property Owned or Leased:Lease
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:450
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Successful real-estate agency in New York City. Owner has invested over $2M in infrastructure and runs the business absentee.

Is Support & Training Included:

Yes.

Purpose For Selling:

Other business interests.

Competition:

Agency recently rebranded to a franchise name and has nine years left on the franchise agreement.

Opportunities and Growth:

Owner is willing to stay with the entire management team. This is a fast-growing business with a fantastic revenue stream.

Cooperating Broker of Record

Jason Green

SFR Realty, LLC

New York - 10301222535