Real Estate Title & Insurance Company

Listing ID: 700262095

Listing Title: Real Estate Title & Insurance Company

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Industry: Real Estate

Industry Segment: Title and Escrow

Country: United States

State / Province: Virginia


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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