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Property #2587
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Description
Established over eight years ago, this successful real estate business specialises in the sale of commercial property such as bars, restaurants, shops, hotels and offices. This market is far less saturated and far more buoyant that the residential property market in Spain. The brand name is well known on the Costa del Sol and when the owner operated it, before moving overseas, there was an office with staff in place. This could very easily be repeated with very little expense, although new owners may wish to operate the business from home in the early days to minimise costs. The owner achieved commission earnings in excess of €350,000 in 2007, and the business traded with an office until August 2009.
Its website has just undergone a facelift with a brand new design, new full content management, self-edit facilities and full management stats in place. The cost of the redesign alone was €7,500. The website is highly optimized for all major search engines brings in several new enquiries per day. With the continuation of the business to the current standard, the new owner would comfortably recoup the investment for this business within eight months.
The owner currently lives overseas, passes sales leads to third party agents and has decided to cut costs by not trading with an office. However, with a new hands-on owner, this business is poised to rocket again and will generate serious profits with or without an office. The only reason for the sale is relocation. This is an opportunity to acquire an established, successful business that is ready to make money from Day One, includes the full database of ongoing and existing clients and a property portfolio, all managed on the website CMS software.
Financing available - the owner will accept a payment plan of €11,000 and twenty-four monthly payments of €1,000 (total €35,000).