Real Estate Training and Licensing Co. LA/OC
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Background
| BizEx ID: | BizEx1443-EM |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Educational Services Consumer Services (B2C) |
| Years in Business: | 11 |
| Under Present Owner: | 11 |
| Hours of Operation: | Mon-Sat, 9:00-5:00 |
| Owner Hours: | Varies |
| Training: | 2 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | 12/31/2025 |
| Lease Options: | Transfer to Qualified Buyer |
| Building Size: | 2,300 |
| Employees: | 2 |
| Reason for Sale: | Semi Retirement |
Financials
| Asking Price: | $475,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $632,000 |
| Discretionary Cash Flow: | $283,000 |
| FF&E: | |
| Inventory Included? | Yes |
| Inventory: | |
| Min. Operating Capital: | TBD |
| Real Estate Available? | No |
| Rent: | $3,700 |
| Payroll: | $3,500 |
| Financing: | Call |
| 2023 | |
|---|---|
| Gross Sales | $ 632,000 |
| Gross Profit | $ |
| Disc. Earnings | $ 283,000 |
Description
Real Estate Training and Licensing Company for Salesperson and Broker Licensing. Includes an on-site Live Scan Fingerprinting Business. Based in the San Fernando Valley area of Los Angeles. Founded and operated in 2013 by the seller.
All courses offered are approved by the Department of Real Estate and meet their educational requirements.
- Salesperson and Broker Licensing - new Licensing and Renewals
- Group Classes, One on One VIP Classes, Zoom Classes, and Video Classes
- On-Site Live Scan Fingerprinting Business Included
- Huge Market for New Customers.
Fun and Profitable Business: this is an ideal business for someone with a corporate training background, a current Brokerage owner who wishes to grow with new agents, a real estate agent wanting to grow and increase their visibility in the industry, a mortgage broker wanting to access thousands of new agents, or anyone who desires to be in a training business with so many opportunities.
- Very well-known and highly rated.
- High number of referrals from past clients
- Excellent Yelp Reviews
- High Profit Margins
- Large Client Base
The owner is willing to train and ensure a smooth transition and open to stay on post-close in a part-time capacity to be negotiated.
For more information, please complete the BizEx Buyer Registration at https://www.bizex.net/buy-business/register. After registration, Brokers Eric Mellem and Dan Higgins can assist with any questions.
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
