Status: Active
Established Outer Banks Real Estate Business - Listing #: 55677
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Category |
: |
Real Estate Related |
SIC |
: |
6531 |
|
|
Detail |
: |
Broker Real Estate |
Price |
: |
495,000 |
|
|
County |
: |
|
Down |
: |
495,000 |
|
|
State/Prov |
: |
North Carolina |
Disc Earn |
: |
137,812 |
|
|
Country |
: |
USA |
Sales |
: |
481,647 |
|
Established real estate business focused primarily in the highly desirable northern Outer Banks. With a focus on the purchase and sale of residential, vacation, and investment properties, the owners have developed a massive data base of customers primarily at the higher end of the market. This business is ready for a new owner/broker to take over a team of 9 experienced agents and enjoy both the profits and lifestyle of the beautiful Outer Banks. |
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Reason for Sale |
: |
Retirement |
|
General Location |
: |
Outer Banks |
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Organization Type |
: |
'LLC' Hours Owner Works: 0 |
|
: |
Years Established: 16 Years Owned: 16 Emp FT: 0 Emp PT: 9 Mgrs: 0 |
|
|
Non Compete |
: |
Miles: 100 Years: 10 Weeks Training: 2 Cost: $0 |
|
Operating dys/hrs |
: |
|
|
Skills/Licenses |
: |
NC Broker License |
|
Business |
: |
Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
|
Data Source |
P/L Statement |
P/L Statement |
P/L Statement |
|
|
Year (Cash Flow) |
2023 (N) |
2022 (N) |
2021 (N) |
|
|
Gross Revenue |
481,647 |
735,526 |
907,629 |
|
|
Cost of Goods |
296,207 |
367,351 |
582,322 |
|
|
Gross Profit |
185,440 |
368,175 |
325,307 |
|
|
Expenses |
47,903 |
93,448 |
87,890 |
|
|
Net |
137,537 |
274,727 |
237,417 |
|
|
Owner Salary |
0 |
0 |
0 |
|
|
Benefits |
0 |
0 |
0 |
|
|
Interest Expense |
0 |
0 |
0 |
|
|
Depreciation |
0 |
0 |
0 |
|
|
Other |
275 |
6,052 |
0 |
|
|
Discretionary Earnings |
137,812 |
280,779 |
237,417 |
|
PAUL BELLACQUA |
Office |
: |
(855) 969-3534 |
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ASSOCIATE |
Fax |
: |
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|
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Home |
: |
(781) 801-6800 |
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SUNBELT BUSINESS BROKERS NAPLES & FT MYERS |
Cell |
: |
(781) 801-6800 |
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2640 GOLDEN GATE PARKWAY, SUITE 204 |
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NAPLES, FLORIDA 34105 |
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USA |
Home Page |
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