Business for sale in Spain - Mallorca - highly successful estate agency

| Asking Price: | 265,000 | |
Real Estate: | Lease |
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| Sales Revenue: | 5 | ||||||||||
| Net Profit: | 5 | ||||||||||
| Year Established: | 1997 | ||||||||||
| Employees: | 2FT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Real estate
Business categories:
Real Estate Brokers
Business description

A well established and highly successful ‘Estate Agency’ offering sales across the entire island via a South Easterly base. Operating as a conventional property brokerage to the Eastern coast, sales team in place and with a rapidly growing collaboration network incorporating a highly ranked website / portal service with sharing of clientele.
The business has been established since 1997 steadily growing into a leader in sales on the South East coast, along with the collaboration with some of the other leading agencies (25 to 50% of the overall commissions gained) across the island. Standard commission expected at 5% of the sales price with one of their collaborators to the north selling luxury properties around 7 million euros! With such history the business offers an excellent portfolio (670+ properties) and a large international client base for all types of properties. The clients are attracted via a well positioned website which is rented from a specialist site developer along with other internet advertising has also been seen to be successful.
The business has traded from an office location in a superb up-market and quite idyllic location, completely renovated in 2007 with new tiles, furnishings and office equipment. Furthermore the addition of new technology with touch screen window displays adds an impressive touch. In 2008 a gallery office next door has been opened to showcase the extensive property portfolio for clients to browse at their leisure.
The agency is currently run by a couple and 2 staff (multi-lingual secretary and sales person) the business thrives on a solid team, extensive and often exclusive portfolio and professionalism.
The sellers are willing to stay with the purchaser for a start up handover / training / settling in period, although it must be noted that the staff are willing to continue on with the new owners to ensure the continued success for time to come.
Additional information

| Additional information: | Not Disclosed |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | - |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | 5 Yrs Renewable |
| Location: | Not Disclosed |
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