FAST GROWING, AWARD WINNING REAL ESTATE FRANCHISOR POISED FOR NATIONWIDE EXPANSION
(REAL ESTATE, FRANCHISOR)
KINGS, NEW YORK
Listed Price: $ 6,000,000
Listing ID: XCNY333052
Listing DetailsGross Revenue: $ 6,250,000
Cash Flow: $ 1,200,000
FFE: $ 5,000 (Included in Price)
Franchise Info: THIS IS A FRANCHISOR OF OVER 40 STORES WITH A UNIQUE AND PROPRIETARY WINNING SYSTEM
Form of Ownership: S Corp
Terms and Conditions: NEGOTIABLE
Reason for Sale:
RETIREMENT
Training & Support:
COMPLETE TRAINING AND SUPPORT INCLUDED IN THE SALE
Listing SummaryBusiness Description:
FAST GROWING, AWARD WINNING REAL ESTATE FRANCHISOR POISED FOR NATIONWIDE EXPANSION
This is a one-of-a-kind opportunity to own a rapidly expanding real estate brokerage specializing in the biggest growth sector of the real estate industry: rentals.
Already one of the largest rental-based real estate company in the Northeastern U.S., and perfectly positioned to expand to new US and international markets.
Company opened franchise locations in New York, Boston and California in Q4 2013and Q1 2014.
A proven recession-proof business—company began franchising in 2009 and grew at an incredible rate during a time when other real estate companies in the same market were closing offices.
Rentals experienced a tremendous surge in cities across America during the recession, and have continued to improve as the economy has recovered.
All systems already in place, including agreements, registrations, website, technology, trademarks, and marketing materials.
An Inc. 5000 company, winner of numerous awards including Franchisee Satisfaction Awards in 2013 and 2014, as well as awards for innovation, growth, and diversity.
Over 40 franchise locations, with more currently under development. All locations have highly favorable lease terms and low overhead costs.
Most locations have earned 100% ROI in under 24 months of operation.
With offices opening in Massachusetts, California,and Connecticut, expansion is now underway outside the Metro New York Area.
Low cost of franchise ownership allows for swift expansion. Small, boutique-style stores, no physical inventory to maintain, no expensive specialty equipment required.
All salespersons and franchisees are independent contractors working fully on commission.
Unique business model makes it easy for new agents to start earning commissions—and producing franchisor royalties—their first week on the job.
Major brand recognition—company has been featured on NBC, CBS, ABC, FOX, FOX Business, CNN as well as in The New York Times, The Wall Street Journal, and Forbes, and in many industry publications and international media outlets.
In addition to remarkable strength in the booming rental market, company is a swiftly rising presence in home sales.
Company is on the cusp of massive growth. New owner will be ideally positioned to turn this brand into a household name.
Comes with several strategic partnerships in place to provide additional revenue streams.
Historical Summary:
From day one, this award-winning company has distinguished itself from the competition by specializing in the needs of the rental market.
After launching its franchising operations in 2009, the company grew into one of the largest real estate companies in the NY metropolitan area, and is now expanding to new cities across the nation.
Owner Qualifications:
BUSINESS EXPERIENCE NECCESSARY
Competition:
EXTREMELY LIMITED
Potential Growth:
UNLIMITED
Financing/Terms:
NEGOTIABLE
LocationOption: The franchisor’s main office can be moved to a location of your choice
Facilities:
Franchisor currently in an office owned by the originator of the franchisor and can be moved to any location at the discretion of the buyer.
Individual franchises are typically 250-500 sq ft and average $90,000-$130,000 in FF&E
OperationYear Established: 1998
Days & Hours of Operation: SUN -SAT 10-10
Owner Hours: 40
Employees: 1
Managers: 1
Absentee Owner: No