Very Profitable Internet Real Estate Brokerage
Location:
United States
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New Jersey
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Freehold
Industry: Real Estate > Commercial and Residential Real Estate Brokers
Business Summary
We are the largest single office listing broker in NJ. We currently list between 125 and 200 new listings each month. We belong to every MLS in the state, and list in every NJ county. We are a flat fee company who gets paid UP FRONT to list properties in the MLS. This is an absolute cash machine that keeps growing every month. It's the way all Real estate will be done in 5 years. It's also a very franchisable business, that could be sold all over the country. All of the listings are done totally online, and through email, so the business can be run out of a 400 sq' office anywhere in the state. The NAR is constantly publishing articles on how the traditional brokers can TRY to survive against Flat Fee brokers. We have been featured on ABC's World News Tonight, and the business model was featured on CBS's 60 Minutes. Everyone in the industry acknowledges this as the future of Realestate brokerage. Contact for more information on this Internet Real Estate Brokerage for sale.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$610,000
Cash Flow:
$310,000
Cash Flow Type: EBITDA
Seller Financing: Not Disclosed
About The Business
Year Established: 2005
Number of Employees: 1 - 3
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Sale
About The Sale
Management Training and Support: Yes.
Reason For Selling: Cash out, to move on to other endeavors.
Click on the "I'm Interested" button above for more information on this Real Estate > Commercial and Residential Real Estate Brokers business for sale.
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Print Listing Id: 70071364
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