Business for Sale Australia

Business Details

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Real estate business and rent roll for sale Average revenue from rent roll in recent months $19,400p/m St George area

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Location:

Sydney

Specific Location

St George

Business Type:

Service, Other

Classification:

Existing franchise

Description:

Established by the current owner in 2008 this business has built up an impressive 200 properties under management. The business is ideally located in a high exposure street front location. 

The highlights of this business are summarized as follows: 

• Approx 200 properties under management
• Avg revenue from rent roll in recent months $19,400 p/a inc. letting fees & recoverables
• Open 5 and ½ days per week
• Gross annual rentals $4,486,704 (monthly $373,892)
• Revenue from sales $755,000 last year
• Average sales commissions 1.8%
• Very stable and loyal employee base

The current owner is involved with running the business and has a team of sales professionals and property managers to maintain and grow the property management business. To find out more about this opportunity enquire today.

Asking $750,000 includes rent roll, plant and equipment and goodwill.

Price:

$750,000

Owner's Time Involved per Week

5 days

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