Business Overview

This is an established real estate and property management business specializing in “Home Flips”. The new owner will not need any prior experience because the highly experienced parent company will oversee and fully support your enterprise. Your local office runs “day-to-day” operations of all the pending investments. Step into immediate, predictable and multiple revenue streams of income. Totally recession proof business. Whether the real estate market is booming or busting; distressed properties are available via foreclosure, divorce, inheritance, etc. We provide real estate solutions by buying, fixing, and wholesaling residential properties. The new owner will oversee the business’s general operations including executing your marketing plan, approving budgets, meeting with sellers, determining the best exit strategy for each property, and managing your business’s “Key Performance Indicator’s”.
The business has the opportunity for continual and nearly unlimited growth depending on the new owner’s time commitment. Your office will be partnered with a well-established and recognized brand with over 30 actively operating units nationwide. Step in, become fully trained, and start making a great income. This business can be run “homebased”. No prior construction, home improvement or real estate experience is needed.
Contact Brock for detailed information about this business.

Financial

  • Asking Price: $89,900
  • Cash Flow: $145,000
  • Gross Revenue: $255,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2019

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:4
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Contact for detailed information about this business. (Home Based)

Is Support & Training Included:

Full training and support will be included.

Pros and Cons:

Highly acclaimed name in the industry.

Opportunities and Growth:

High demand allows for continual long-term growth of this business.

Home Based:

This Business Is Home Based

Additional Info

The business was established in 2019, making the business 3 years old.

Why is the Current Owner Selling The Business?

There are all types of reasons people decide to sell operating businesses. Nevertheless, the genuine reason vs the one they say to you may be 2 totally different things. As an example, they might claim "I have a lot of various commitments" or "I am retiring". For many sellers, these reasons stand. But also, for some, these may just be excuses to try to conceal the reality of altering demographics, increased competitors, recent decrease in earnings, or an array of various other factors. This is why it is extremely vital that you not count entirely on a seller's word, however rather, utilize the vendor's response along with your general due diligence. This will repaint a much more reasonable picture of the business's current scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will have reason to consider this when valuating/preparing your offer. Lots of companies borrow money with the purpose of covering things such as inventory, payroll, accounts payable, so on and so forth. Bear in mind that in some cases this can imply that earnings margins are too tight. Lots of companies fall into a revolving door of taking loans as a way to pay back other loans. In addition to debts, there may likewise be future obligations to consider. There might be an outstanding lease on tools or the building where the business resides. The business may have existing agreements with vendors that should be met or might lead to fines if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area draw in new customers? Most times, businesses have repeat customers, which form the core of their day-to-day profits. Particular variables such as brand-new competitors sprouting up around the area, roadway building and construction, as well as employee turnover can affect repeat customers and adversely impact future earnings. One essential thing to consider is the placement of the business. Is it in a highly trafficked shopping mall, or is it hidden from the main road? Clearly, the more people that see the business often, the higher the opportunity to build a returning consumer base. A final idea is the general area demographics. Is the business situated in a largely inhabited city, or is it located on the outside border of town? Exactly how might the local average family earnings impact future earnings potential?