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Businesses For Sale   >>   Web Design and Software Development Businesses For Sale

Real Estate Investment Software Business For Sale

Location  United States
Asking Price Range  < $250K
Gross Revenues  $15000
Net Profit / Cash Flow  $12000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2000
Number of Employees  1 - 3
Inventory  No equipment included.
Relocatable  Yes
Number of Employees  1 - 3
Real Estate  Owned
Training  Will assist new owner - To be worked out.
Reason for Sale  Age.

Description  
Asking $45,000. No real estate included. Internet based. Contact 608-742-979. Grossed approximately $49,500 in 2004. $60,800 in 2005, $65,000 in 2006, $57,000 in 2007, $32,500 in 2008, $24,000 in 2009 and $19,500 in 2010. It can be worked from a home office or existing real estate business. The website can generate more income with other investment products. There is very little overhead. Currently we mail out the software. A down load could reduce expenses even more. We generate income from the following; On Target real estate analysis software sales, EASY-Estimate house flipping software sales, commercial loan applications and Google Adsense. Aapproximately 2,800,000 visitors since 2003. In business for 11+ years. Recreating software would require approx. 3 years of design and programming. Enhancements are driven by customer suggestions. It was developed with Microsoft Visual Studio.NET. Program generates approx. 12 financial reports with ten year projections and numerous graphics which analyze income producing properties for purchase and provide a presentation when selling income properties. About 5,000 software copies have been sold. We also sell Flipping / Rehab Software which allows the house rehabber to enter detailed expense estimates when beginning a project. Expense are rolled up into a profit or loss statement to determine project viability. The rehabber can schedule two months of construction rehab tasks. With tens of thousands of homes that currently need rehabbing, this software has a lot of potential. We also take commercial loan applications which are worked by a commercial loan broker. The website includes many articles on real estate investing which draw potential buyers. We were offered 95,000 for the website alone in the past.


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