Established Estate Agency For Sale.

Business description

Established and successful estate agency for sale as a going concern. The business was founded as an s.l. (Limited company)in 2001 and quickly expanded beyond the capacity of a home/website based company. Mediterranean Homes has operated from prime commercial premises on the high street in Pilar de la Horadada since 2003. The office occupies a prominent corner position to the entrance of the town and has 95m2 which is made up of; a large reception area, spacious administration room, small meeting room, bathroom and kitchenette. The company is offered complete with two fully serviced and sign-written Fiat Multipla vehicles, three networked computers (plus server), two flat screen monitors, two CRT monitors, A4 printer/scanner, A3 printer, impeccable office furniture, storage units, sofa, publicity quicks, professionally installed signage with light boxes, bespoke window displays, two air conditioning units etc.

The current property portfolio consists of over 100 resale properties and 200+ new properties. The company has well established relationships with many reputable builders and promoters who pay good commissions, including Polaris World, with whom Mediterranean Homes is a Golden Partner.

The company enjoys a solid reputation from purchasers, vendors, builders and other estate agencies alike. A fantastic opportunity exists to expand into property rental and management, as we receive many enquiries for this service.

To ensure a smooth transition of ownership and, as part of the sale price, the company directors offer two weeks training and support. This is an excellent opportunity to step into a profitable, reputable, going concern at a fraction of the cost and effort of starting from scratch.

Accounts available on request. Serious enquiries only please.

Property information

Real Estate:

Lease

Lease terms:

The company offers a new five year lease on the premises. The monthly rental is just 1200 euros with yearly rises, inflation linked (2-3%).

Location:

Prime high street, corner location.

Other information

Expansion potential:

As mentioned, there is a fantastic opportunity to expand into property rentals/management. No single agency in the town seems to have monopolised this service.

Competition / Market:

With many of the bigger companies downsizing and local 'have a go' estate agencies having closed, there are more opportunities. The company is now one of only a small core of true local estate agents.

Support & training:

Two weeks full training and support.

Reasons for selling:

Retirement and relocation.

Trading hours:

10am until 6pm

Contact the seller