Status: Active
Established Outer Banks Real Estate Business - Listing #: 55677
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Listing No: BBF-966-55677 |
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Category |
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Real Estate Related |
SIC |
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6531 |
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Detail |
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Broker Real Estate |
Price |
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495,000 |
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County |
: |
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Down |
: |
495,000 |
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State/Prov |
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North Carolina |
Disc Earn |
: |
137,812 |
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Country |
: |
USA |
Sales |
: |
481,647 |
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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 |
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Retirement |
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General Location |
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Outer Banks |
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Organization Type |
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'LLC' Hours Owner Works: 0 |
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Years Established: 16 Years Owned: 16 Emp FT: 0 Emp PT: 9 Mgrs: 0 |
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Non Compete |
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Miles: 100 Years: 10 Weeks Training: 2 Cost: $0 |
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Operating dys/hrs |
: |
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Skills/Licenses |
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NC Broker License |
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Business |
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Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: Y |
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Data Source |
P/L Statement |
P/L Statement |
P/L Statement |
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Year (Cash Flow) |
2023 (N) |
2022 (N) |
2021 (N) |
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Gross Revenue |
481,647 |
735,526 |
907,629 |
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Cost of Goods |
296,207 |
367,351 |
582,322 |
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Gross Profit |
185,440 |
368,175 |
325,307 |
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Expenses |
47,903 |
93,448 |
87,890 |
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Net |
137,537 |
274,727 |
237,417 |
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Owner Salary |
0 |
0 |
0 |
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Benefits |
0 |
0 |
0 |
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Interest Expense |
0 |
0 |
0 |
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Depreciation |
0 |
0 |
0 |
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Other |
275 |
6,052 |
0 |
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Discretionary Earnings |
137,812 |
280,779 |
237,417 |
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PAUL BELLACQUA |
Office |
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(855) 969-3534 |
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ASSOCIATE |
Fax |
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Home |
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(781) 801-6800 |
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SUNBELT BUSINESS BROKERS NAPLES & FT MYERS |
Cell |
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(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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