Real Estate Title & Insurance Company
www.GlobalBX.com
Listing ID:
700262095
Listing Title:
Real Estate Title & Insurance Company
Quick Link:
http://www.globalbx.com/listing.asp?bId=262095
Industry:
Real Estate
Industry Segment:
Title and Escrow
Country:
United States
State / Province:
Virginia
Area
City:
Fredericksburg
Asking Price Range:
$250K - $500K
Gross Revenues:
$278,000
Cash Flow:
$100,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1991
Number of Employees:
4 - 5
Business Description:
This Fredericksburg title company has been serving the Fredericksburg area and her surrounding counties. It has provided residential and commercial real estate settlements and title insurance services for over 20 years. It offers the areas' best service and are able to work directly with realtors. So whether you need to close on a piece of real estate, refinance, or are seeking title insurance, this company can meet your needs.
This title company has a strong customer base with very good relationship built with local residential and commercial realtors, developers and even real estate attorneys. With ongoing development and real estate transaction going up, this business should increase again right after election. Current owner is retiring due to health issues. The good team of examiner and licensed title agents will stay behind and work for new ownership. With proper advertising, the business can grow even better as historic data can prove its potential with increasing housing market trend in the area.
- 1500 sf overall facility
- Relatively low rent factor
- Lease is up in one year with options to renew
- Beautiful location on main road with high visibility
- Extremely high traffic road
- Basement for document storage
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