Status: Active
Established Outer Banks Real Estate Business - Listing #: 55677

            Uploaded Listing Img 0

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. 

 

Reason for Sale

:

 Retirement

General Location

:

 Outer Banks

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

 

ASSOCIATE

Fax

:

 

 
 

Home

:

 (781) 801-6800

 

SUNBELT BUSINESS BROKERS NAPLES & FT MYERS

Cell

:

 (781) 801-6800

 

 

2640 GOLDEN GATE PARKWAY, SUITE 204

       

NAPLES, FLORIDA 34105

Email

:

 [email protected]

 

USA

Home Page

:

 sunbeltofflorida.com