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Dec 22, 2019 — Commission Advances for Real Estate Professionals.
A great cash flow opportunity!
This business is a leader in the commission advances industry for real estate professionals and brokers supported by a well-established franchisor (founded 1996). The focus of the business is to remove the stress from commission-based agents by providing cash flow management services via a fast and simple application and cash advance process.
This business was established and been run by the same owner for 11yrs, has an enviable profit history, and remains well poised to continue to grow with the Seattle property market. Addition of social media, new broker outreach and other marketing activities should support upside for a new owner.
Importantly, this business is built upon relationships with a lot of the leading real estate brokers across the Puget Sound. The existing owner will support the new owner through 3mths of training and advice to help get things get started on the right track.
The financials of this business are strong with $313k in sales in 2018, high margin business and high disposable earnings for a new buyer. Offer price is built upon a percentage of gross sales multiplier with an Opinion of Value report available.
This business would be a great fit for those in the real estate, accounting or financial industries and those looking for high returns via a receivable factoring business.
Please contact broker to request an NDA and more details on this business.
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