Summary
Exciting opportunity for either an experienced operator or a high performing sales agent with industry experience who is ready to stand out with a real estate business of their own.
Revenue
$620,000 pa
Location Details
Well located position just 8 miinutes from the CBD, close to many amenities while on a busy road with more than 40,000 vehicles going by each day.
Potential
Exciting opportunity for an experienced operator or high performing sales agent ready to stand out on their own by acquiring a fully operational, established real estate business with good income and low overheads. Situated on the inner south fringe from Brisbane's CBD while servicing the inner south, south- east and southern suburbs. Loads of potential with the right team to expand, improve and grow to whatever size they want.
Skills
Must be Licensed Real Estate Agents, have knowledge of many city council laws, state government compliance, employment of staffing in the property industry and general good business skills.
Hours
9am -to- 5pm Monday to Friday's
9am -t0- 1pm Saturday's
Lease
No lease in place
Employees
5 including director
Reason for Sale
Health issues / Moving overseas
About the Business
OVERVIEW:
Established Boutique Real Estate Business wth Sales business and Rent Roll of approx. 210 tenancies
RENT ROLL:
Approximately 144 Residential properties + 66 Student Accommodation Rooms.
Total gross income from Residential property management + from Residential student accommodation rooms and from Letting or Addtional Fees in excessof $437,800 annually.
TOTAL ASKING PRICE FOR REAL ESTATE BUSINESS + RENT ROLL: $987,255.81
AGENT BROKER'S NOTES:
Exciting opportunity for an experienced operator or high performing sales agent ready to stand out on their own by acquiring a fully operational, established real estate business with good income and low overheads. Situated on the inner south fringe from Brisbane's CBD while servicing the inner south, south- east and southern suburbs.
The business stands alone as a unique well branded boutique agency and with a management portfolio of 210 well managed tenancies, that offer a rewarding annual income, but also has an additional income stream supported by sales/leasing gross commission income exceeding $250,000 annually.
For further information after completion of a privacy/confidentiality agreement, please contact me today.
History
Trading for 19 years
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