Established Real Estate Brokerage Firm - Real Estate Included!

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Service Businesses Companies for Sale

  • Primary Category: Property Management Businesses for Sale

Founded in 2004, this reputable real estate brokerage has consistently led the Southwest Virginia market for over two decades. With three strategically located offices bordering two states, the firm boasts a dedicated team of 26 agents, half of whom are licensed in two states. The company's comprehensive website integrates data from both MLS systems, offering clients a seamless property search experience. This busy real estate brokerage firm has sold more properties in Southwest Virginia than any other company for 19 years!

The firm's dynamic website has attracted over 48,000 prospects, all managed through an advanced Customer Relationship Management (CRM) system. They have recently introduced property management services to address a significant market gap, positioning the company for exponential growth in this sector. The business has also focused on collaborations with prominent home builders, and they specialize in both commercial and residential properties, including high-value farms and sought-after lakefront properties, meeting a wide range of client needs.

The business has won many “Best Of” awards and presents a lucrative opportunity for an owner/broker or a strategic buyer aiming to expand into the Virginia market. With a consistent revenue stream generated by a well-trained team of agents, the new owner can anticipate a return on investment within approximately two to two and a half years. The current owner is committed to ensuring a smooth transition and is willing to provide training and support for 3-6 months post-sale.

The annual revenue and cash flow are based on a 3-year average of 2022, 2023, and 2024 financials. For more information about this exciting business opportunity, please contact us to schedule a confidential consultation. Serious buyers are invited to request a non-disclosure agreement (NDA) to review additional details and financial information.

Financial Information

  • $845,000 Asking Price
  • $254,524 Cash Flow
  • $1,536,542 Gross Revenue

Business Location

  • City: Southwest Virginia
  • State: Virginia

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2004
  • Home Based: No
  • Franchise: No
  • Relocatable: Yes
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 1
  • Part-Time Employees: 4
  • Contractors: 26
  • Owner Worked Hours/w: 20
  • Inventory Included: No
  • Inventory Value: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $325,000
  • Building Size: 1450
  • FF&E Included?: Yes
  • FF&E Value: $15,000

Training/Support

  • Sellers willing to train for a transition period of 3-6 months.

Facilities

  • 1450 sq. ft. brick building, situated on 0.241 Acres, Zoned Commercial in town.

Real Estate Description

  • Brick building
Business Listed by
image of Mike Keen
Mike Keen
Sunbelt of Roanoke & Lynchburg
Email Mike
Show Phone Number
Listing ID
ROANOVA001-56536

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