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- RE: Highly Regarded Real Estate Appraisal Firm
- Contact: Eric Gall
- License #: BK3217067
Quick Facts
Asking Price: | $0 | |
Annual Revenue: | $1,123,423 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $316,373 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 10 | |
BBN Listing #: | 980026 | |
Broker Reference #: | 964-24016 |
Business Overview:
A reputable real estate appraisal firm with decades of experience in both residential and commercial appraisals. Their services encompass residential and commercial real estate appraisals, valuations, and consulting. The team comprises multiple MAIs, seasoned staff appraisers, and a manager. Each appraisal is conducted by licensed appraisers and reviewed by certified or MAI appraisers to ensure compliance with the Uniform Standards of Professional Appraisal Practice (USPAP).
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Property Features and Assets:
The main office is over 2,500 square feet with ample parking. The base rent is $1,600 per month, excluding property insurance, taxes, and a 2.5% sales tax.
Market Competition and Expansion:
Opportunities for a buyer:
1. Hire an individual or purchase technology for report writing.
2. Refocus marketing efforts toward larger properties for higher-priced appraisals (CMBS).
3. Hire and develop additional appraisers.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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