Real Estate School

Los Angeles County, CA
Asking Price:$350,000
Gross Revenue:$650,000
Rent:$3,700/Month
Established Year:2013
Cash Flow:$240,000
Inventory:$5,000
FF&E:$30,000
BUSINESS DESCRIPTION

Help students obtain their real estate license

Summary:
Get your California Real Estate License. Realtors can sell homes, commercial buildings and even businesses like the ones on this site and earn commissions. Maybe you should become a Broker?
This Real Estate School takes students from zero knowledge to licensed California Real Estate Agents. School also offers license renewals, career coaching and private classes.
Buyer:
This is an ideal business for someone with a corporate training background, a current Brokerage owner who wishes to grow with new agents, or anyone who desires to be in a training business with so many opportunities. Owner will train and ensure a smooth transition and stay on in a lesser capacity.
Opportunity:
Real Estate continues to be a very desired career and TV reality shows only grow people's awareness of becoming a real estate agent. The few real estate schools out there mostly offer only videos or zoom classes. Student's always mention they want an in person class which is what we offer along with video and zoom. Increase income immediately by offering more classes, building a real estate team from the graduates, or just do more marketing and enroll more students.
Training:
Owner will train buyer how to teach or hire instructors. Owner will also help buyer obtain real estate license if needed. Owner willing to stay on in part-time capacity.
Reason for Sale:
Owner practices what he teaches and owns and invests in real estate and wants to concentrate on personal real estate investments and willing to stay on a part-time basis.
More Information:
Maybe you should get your real estate license? If you think you are a good fit for this business and have the funds email me with your full name and I will reply with a calendly invite so we can have a quick call. Will share financials and answer any questions on that call.


DETAILED INFORMATION
Location
Los Angeles County, CA
Inventory
Included in asking price
Real Estate
Leased
Building SF
2,150
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Over $50K spent on improving office and classroom space. Very professional with 30 student classroom facility, glass executive conference room, 4 private executive offices, kitchen and front desk reception. Sale includes: Website, Phone Number (30 years old), state course approvals, proprietary education and training materials, proprietary videos, student database over 7000 students, yelp and google accounts, textbook inventory.....
Competition
This school is #1 in its area. Hundreds of 5 star reviews on Google and Yelp.
Growth & Expansion
New owner can offer more classes, recruit graduates to join real estate office, invest in more digital marketing and expand quickly. Cons is this is a lifestyle business. While you make your own schedule and can work as little as 20 hours per week the money is in a full time effort.
Support & Training
Seller will offer 30 days of training on all aspects of school and real estate business. Seller will also assist buyer if needed in obtaining Real Estate License. More training can be negotiated.
Reason for Selling
Seller needs to concentrate on personal real estate investments after 23 years r
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Armando Oliva
Armando Oliva