Real Estate Rent Roll, Niche Market, Fraser Coast, Queensland
Stock Included: —
Stock Value: —
Years Est: —
Gross Revenue: —
Business ID: BS144441
Purchase 33% stake, attractive package for you as Managing Director
A unique opportunity for an ambitious self starter Real Estate Agent to build on to a solid platform, and purchase a 33% ownership stake in an established Real Estate business operating in a highly desirable niche market, with a significant rent roll in place. The business is located 3 hours north of Brisbane in the stunning Fraser Coast Region.
It is anticipated you will work in the business full time and build upon the current rent roll in the local area and seek further opportunities for growth in real estate sales, with an emphasis on Real Estate Rentals, Real Estate Sales and Resort Sales. In return for your efforts, you will be paid a base wage of $48,000 per annum, be provided with a vehicle and phone and be paid generous sales commission splits (50/50).
-30 year management contract provides stability for growth
-Further long term arrangements in advanced stages of negotiation
-Be paid as Managing director $48,000/year salary, along with car and phone
-Generous commission splits on sales (50/50)
-33% share ownership and share of net profits of the company
-Purchase price refundable subject to KPI performance
The business is fully established and incurs minimal costs, ensuring excellent net returns. You have access to a fully equipped office and all software, systems and corporate licence is already in place. You must be able to demonstrate proven success in the real estate industry, with sales and property management experience. You will be located in the Fraser Coast Region, or you will agree to relocate there.
The asking price to purchase a 33% stake in business is $50,000. This consequently values the whole business at $150,000, which reflects the existing rent roll exceeding $600,000/annum receipts and the long standing exclusive contract in place. Purchase price is refundable subject to performance criteria.