Virtual Florida Realty Brokerage Company; Huge Growth Potential; Miami-Dade County, FL (Relocatable)
Asking Price:$2,500,000
Cash Flow:$500,000
Gross Revenue:$5,800,000
EBITDA:$500,000
Established:2010
Business Description
Get your piece of the $5 Billion/year Florida Real Estate Brokerage Pie
Network of 400+ Florida Real Estate Sales Agents
Great Home/Cloud Based Opportunity
Virtual Florida Realty Brokerage Company; Huge Growth Potential;
Home/Cloud Based, Relocatable
$2,500,000
Deal Recap:
Gross Revenue: $5,800,000 +
Purchase Price: $2,500,000
Cash Flow: $500,000+
Virtual Florida Realty; Massively Profitable
Strategic acquisition for existing Realty company, or
Florida Broker Looking to make a huge leap forward, or Motivated Self Starters looking for a piece of the $5 Billion Florida Real Estate Brokerage Pie – Seller willing to stay for right opportunity.
Virtual Florida Realty Brokerage Company for sale $2,500,000. Currently grossing $5,800,000 and Nets $500k+ per year as an owner of the business. Includes Network of 400+ Florida Real Estate Sales Agents which transfer with the business. This business operates as a Relocatable Cloud Based business and currently has 400+ Florida Real Estate Sales Agents. The seller is a hands on owner who is willing to stay for a 30-45 day transition period, subject to negotiation. Great Opportunity at a Great Price!
Financing: SBA financing IS available for this transaction in the amount of $1,860,000
What Does Financing do for you:
Purchase Example:
25% down, 11.50% interest, 10 year Amortization
Purchase Price $2,500,000
Equity Investment: $ 640,000
SBA Loan: $ 1,860,000
Working Capital: $ 0
SBA Guarantee Fee: $ 55,800
Closing Costs: $ 10,000
Total SBA Loan: $ 1,925,800
Monthly SBA Debt Service: $ 27,076
Cash flow: $ 500,000+
Annual SBA debt service: $ 324,693
Cash Flow Net of Debt Service: $ 175,307
Cash on Cash Return: 42.98%
You may complete the NDA now using the link below. Please provide the first page of your bank or brokerage statement, or online snapshot (with account number redacted), showing at least $640,000 down payment as your Proof of Funds.
Upon receipt of NDA & FUNDS VERIFICATION, the due diligence material will be emailed to you in a Box.com link.
Contact Darin Jerger for details on all of our Premier Listings.
Darin Jerger
949-793-2999