Listing ID: 82429
Business Overview
An exciting and home-based Arizona business is for sale. This is a dynamic technology driven real estate company which offers local real estate professionals a complete listing package. This service allows these professionals more time to gather clients and make increased deal closings. This reoccurring revenue stream, totally turn-key business provides the following tools to our membership clients:
3D Interactive Tours, Aerial HD Video and Stills, HD Photography, Virtual Staging, Floor Plans with Measurements, Guided Tour, Augmented Reality Services, Virtual Enhancements, 3D Walkthrough, Sign Placement and Removal Service, Lockbox Placement and Removal Service, Website and Automated Brochure Creation.
NOTE: The drone market is set to be worth US$92 billion by 2030. Of this revenue, 70% is in the commercial sector, US$63 billion. Included with this sale price: All training provided including your FAA Remote “Drone” Pilot License.
No prior photography experience needed. This is a home-based business.
Furthermore, statistics show that agents who utilize our proprietary Platinum Package receive 403% more inquiries, sell them 31% faster, and sell for 4-9% more than homes with photography alone.
Other Key Business Characteristics Include:
– Reoccurring revenue stream business.
-Repeating “business 2 business” customer base.
-High profit margins and very low labor costs.
-Grow from one location.
-Strong ongoing support and training.
-Advanced, proprietary systems in place.
Contact Craig for detailed information about this business.
Financial
- Asking Price: $94,890
- Cash Flow: $133,880
- Gross Revenue: $163,500
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: 2018
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:1
- Furniture, Fixtures and Equipment:N/A
Contact for detailed information about this business. (Home Based)
Full training and support will be provided.
Highly regarded name in the industry.
High demand allows for long-term growth of this business.
This Business Is Home Based
Additional Info
The business was founded in 2018, making the business 4 years old.
Why is the Current Owner Selling The Business?
There are all kinds of reasons people decide to sell operating businesses. Nonetheless, the true factor vs the one they say to you might be 2 entirely different things. For instance, they might say "I have too many various responsibilities" or "I am retiring". For many sellers, these factors stand. But, for some, these may just be reasons to attempt to conceal the reality of changing demographics, increased competition, current decrease in incomes, or a range of various other factors. This is why it is very essential that you not depend entirely on a seller's word, however instead, use the vendor's answer along with your general due diligence. This will repaint a much more realistic picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which lots of companies are, then you will have reason to consider this when valuating/preparing your deal. Many companies finance loans in order to cover things like stock, payroll, accounts payable, so on and so forth. Keep in mind that sometimes this can imply that profit margins are too small. Lots of businesses fall under a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to consider. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with suppliers that have to be met or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location bring in new customers? Often times, operating businesses have repeat customers, which develop the core of their day-to-day revenues. Particular factors such as brand-new competition growing up around the location, road building, and employee turn over can affect repeat customers as well as adversely impact future profits. One essential thing to think about is the area of the business. Is it in a highly trafficked shopping mall, or is it hidden from the highway? Clearly, the more people that see the business often, the greater the chance to develop a returning consumer base. A final idea is the general area demographics. Is the business located in a largely populated city, or is it located on the outskirts of town? Just how might the local mean house income impact future revenue prospects?