Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Real Estate Agency - Garden Route

LISTING DETAILS
Firms For Sale ID:
31909
Vendor reference:
12346
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$265,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
A good steady business in the property industry is available to purchase.
This business was established 15 years ago and has been with the current owner for the past 5 years.
It is located in the centre of a popular coastal resort town on the Garden Route.
The core of the business is the letting of properties and thereby earns commission.
It currently has 28 residential and 10 industrial properties on its books.
In addition it does property sales as and when the opportunity presents itself.
It is well established and with very little additional cost can expand its activities and grow the business.
Whilst the office is modest, it is well kept and has space for additional staff in addition it is ideally located in the main street of town.
It currently serves the local market both residential and Industrial but its activities can be expanded to include neighbouring towns.
It advertises in the local news media and has a web site.
The website is included in the sale.
This business was bought for R320,000 5 years ago but the seller realises the economic downturn has had an effect on performance and has adjusted his asking price accordingly.
It is important to note that in order to own and operate this business, the owner must be a qualified and registered estate agent.