Niche Real Estate business for sale established in 2019

Miami-Dade County, FL
Sold inventory

Seller Financing Available

Asking Price:$139,000
Gross Revenue:$1,000,000
Real Estate:$39,000
Cash Flow:$500,000
Inventory:$39,000
Established Year:2019
BUSINESS DESCRIPTION

Real Estate is Included

Tremendous profit potential.
Extremely low overhead.
Easy and very affordable to run.
Training provided as needed.
Want to learn why? Read the description below.

This Real Estate Investment Firm was established in 2019. Its serves the vacant land niche. It's relocatable and can be operated remotely.

New owner does not require a real estate license. Current owner will provide training to guarantee a smooth transition and teach new owner all systems and business operations.

The company operates in the often overlooked but very profitable vacant land niche. The Firm acquires residential and commercial vacant lots that are off market and makes a profit by selling them in the open market at very competitive prices.

Currently, the Company has one property in inventory, which is included in the asking price. But final selling price may be adjusted since more properties are acquired and disposed constantly.

This business has a near perfect track record with 70 acquisitions and 69 dispositions since 2019 and it is 100% scalable. Profit margins average 100% cash on cash per property. Lowest return on record is aprox. 29% and highest return on record is aprox. 1,200%

Over the years, the Company has found success purchasing property in small urban and semi urban areas with populations around 100,000 inhabitants or less across multiple states.

Website is up since 2019 and is hosted by a real estate specialty host offering SEO and an excellent design. The website has a database with over 1,300 leads. These leads base serves as an important source of customers to purchase the properties listed on the website. There is an email funnel system in place feeding each new leads that comes into the funnel providing education about the company and the easy purchase process. The company is able to close a real estate transaction same day at no cost!

The company has accounts at major real estate websites such as Zillow and Crexi and it advertises its properties through traditional channels such as the ones mentioned above and the MLS, but also utilizes an effective social media lead funnel adding new leads as needed.

Current owner is fluent is Spanish and has developed a full step by step training course in Spanish for the new owner, but will also advise in person, in English or Spanish, to guarantee a smooth transition.

There are several growth opportunities for the new owner, including enlarging the real property inventory. The sky is the limit as to the amount of properties the company can acquire and sell.

The company can be managed by one individual working full time and new employees can be added as needed. Current owner has utilized the services of overseas virtual assistants who are trained and knowledgeable. They are an affordable way to support basic administrative business operations, freeing time from the owner to focus on strategic growth. Running the systems will cost the new owner less than $10,000 per year. So the overhead of the business is extremely low compared to the profit potential.

Sale includes leads database, website/marketplace, social media accounts, real property in inventory -subject to change-, in person training for 2 months -or more at an additional cost-, access to the Spanish speaking video training course, accounts at every technology service provider to run the business effectively -from payments to real estate related-, leads database and rolodex or service providers and contacts.

Current owners wishes to pursue other business interests, but will consider working with new owner in a consultative capacity or as a strategic partner.

This business has not been vetted by SBA and it is unlikely to qualify since most banks will not lend capital against vacant land. Banks will lend against real property with actual structures on them. Therefore, please refrain from submitting inquiries if you need an SBA loan to purchase the business. Serious inquiries only, please.


DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Employees
1
Facilities
Assets in inventory will be included in the selling price. This is subject to change without notice because the real property inventory of the company changes constantly.
Competition
The company operates in underserved markets which are not saturated. This allows the company to remain competitive. New owner will learn first hand about the markets where the company is operating and will also learn how to prospect new markets.
Growth & Expansion
This is a scalable business. Simply acquire more property and your revenue and profits will scale accordingly, there is no limit to the amount of property than can be acquired by the new owner. Each property requires about 4 hours to process from acquisition to disposition. This technically allows for the new owner to process 5 properties per week by him/herself. Additional employees may be hired to process more property on an as needed basis. Using virtual assistants will be an affordable choice to support growth.
Financing
Seller will finance $50,000 at 10% over 24 months.
Support & Training
Owner will provide support and training for one month free or charge. Owner will provide additional training and support for a fee on an as needed basis.
Reason for Selling
Owner wishes to pursue other business ventures.
Home-Based
This business is Home-Based
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ELIE SMILOVITZ
ELIE SMILOVITZ