Very Profitable Internet Real Estate Brokerage
Location New Jersey,United States
Asking Price Range $500K - $1.0M
Gross Revenues $610000
Net Profit / Cash Flow $310000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 2005
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Yes.
Reason for Sale Cash out, to move on to other endeavors.
Description 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.
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