Summary
- Asking price:
-
€395,000
- Sales revenue:
- < €500k
- Net profit:
- < €250k
- Years established:
- 2 years
- Employees:
- 2
- Relocatable:
- This business can be relocated.
Business description
Excellent location for a rural Estate Agency but less than 15 mins to coast with 2 bed flat above the office, current pipeline of ongoing sales, unbelievable ongoing T.V. coverage, accounts available and in addition to the living accomodation being sold with fully equipped 2 roomed office,kitchen and customers toilet on the ground floor. Possibility of both company vehicles being included in sale-a totally ready to go opportunity with an excellent reputation due to the owners operating in the area for a number of years.Additional income streams from mortgages,all types of insurances, currency transfers and overseas sales in Turkey.With over 260 properties and only 25 mins to the new international airport being built at Corvera we are perfectly placed to take advantage of Murcias new status as Spains next property hotspot.This S.L. company also has a massive internet presence currently receiving almost a million hits per annum and over 200 visits per day.
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- Flat above the office, 2 beds, lounge, shower room/toilet and English t.v. satellite
- Location:
- Perfectly located in a prime high street position in a pretty Spanish village but on the main route for 3 very large urbanisations (Camposol, Country Club and Polaris World) and very easy access 10 k.m. away to an Autopista (motorway)junction as well as being less than 20 mins. to the mediterranean coast.The internationally famous golf development of Hacienda del Alamo is 15 mins. away and Murcia San Javier Airport is 40 mins and Alicante just over an hour away.
Other information
- Expansion potential:
- The current owners have focused on country properties which the register reflects but there is potential for expansion in 3 key areas.1)Inland properties in Castilla la Mancha(the last completed sale for the company was in a town called Isso).A representative currently covers that area.2)Golf and urbanisation properties.We have sold properties on the Country Club etc. but have not maximised our exposure in this property market.3)We recently organised a link with a property company in Turkey with our first buyers there this month.
- Competition / Market:
- There is no local agent with the selection of country properties between Puerto de Mazarron and Fuente Alamo.This is a result of 6 years of the owners working in different capacities in the area.
- Support & training:
- The business is being left with accountant, lawyers, mortgage outlets, insurance and currency transfer agreements in place to help any inexperienced prospective buyers.
- Reasons for selling:
- Owners are divorcing
- Trading hours:
- 39 hours per week
- Financing available:
- existing loan of approx 100,000€ (one hundred thousand euros) over residue of approx. 22 years at domestic mortgage rate, cost just over 600 € per month
- Furniture / Fixtures value:
- €3,000
- Related documents:
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