Help business owners exit and help buyers become business owners!

Asking Price$75,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$125,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business BrokersSave

Help business owners exit and help buyers become business owners!


Asking Price$75,000

Cash Flow
$75,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$125,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This business could be better than owning any other business.
Your role is to help business owners sell their business (or acquire businesses in some cases). As a business broker, you will have a window into the wonderful world of small business ownership and transactions like no other profession can provide. This brokerage provides momentum as an active brokerage that a startup brokerage does not. This includes a database of business owners, an established Google profile with great reviews, a seasoned website that has been active for over five years for better searchability and SEO.

However, in full transparency, this is not an easy business to create consistent cash flows. The revenue and cash flow on this ad are representative and it is possible for an owner to do better or worse. The ideal candidate should have financial staying power in the form of savings or another income source. Qualified buyers should have a minimum of $100,000 in available funds to invest, to ensure a runway on top of the initial investment.

Expect expenses to run between $1500 and $2000 per month depending on marketing. Effective marketing channels include networking groups like BNI, email drip campaigns, LinkedIn marketing, direct mail, and networking with CPAs or other professionals. This opportunity will not work for someone who has a full time job.

That said, this is the type of business that can have an expedient return on the relatively low investment and low operating costs. It provides significant schedule flexibility and low need for evening or weekend work. The current listings can be utilized for training the new owner to ensure a rapid learning curve.

Licensed REALTORs are encouraged to apply. A license is not required, but highly beneficial in the event the business owner also wants to sell their building. The current owner is a licensed Michigan real estate broker and can assist a new owner who is interested in getting licensed.

If you are interested in business brokering without owning a brokerage (becoming an agent of the office), you are also welcome to fill out the form. This is an active, ongoing brokerage selectively taking on new listings and new agents.

Once you fill out the form, the owner will provide a transparent view of business brokering. This is a great field to be in, but only for those at a certain stage in their career who are confident in their abilities and ready to invest in themselves.
About the Business
Years in Operation
25
Number of Employees
0
Currently Home Based
Yes
Franchise
This business is an established franchise
Facilities & Assets
The business currently uses a virtual office to receive mail at $80/ month, with meeting space available for a fee as needed. In the five years of operation, the owner never rented office space since all owners prefer to meet at their place of business or a coffee shop / restaurant. This business is perfect for working from home.
Market Outlook / Competition
There are other business brokers in the area. However, competition is relatively low compared to residential or commercial real estate. This means getting listings is achievable for most new owners. Since this brokerage is established with active listings, there is momentum for a new owner to get new listings compared to startup office.
Opportunities for Growth
The current owner has run this business part-time from the start. COVID caused the owner to pivot to other activities and remain part-time. A new owner can call the shots and work part-time or full-time. The new owner can also recruit agents to build the office.
About the Sale
Seller Motivation
Owner is out of state.
Transition Support
The Franchisor provides training with a 1-week boot camp and also provides monthly owner group calls, and a 2nd monthly call for both owners and agents. In addition, the franchisor hosts annual conferences and other meetings great for education and netowrking. The current owner/Franchisee can provide additional hands-on training specific to operating in Michigan.
Listing Info
ID
2261456
Listing Views
1044

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Business Listed by: Ken Lee First Choice Business Brokers

Listing ID: 2261456 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.