Independent Title Agency In Tidewater, Virginia
Relocatable, VA Not Disclosed
Tidewater Area
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- RE: Independent Title Agency In Tidewater, Virginia
- Contact: Gavin Raphael
Quick Facts
| Asking Price: | $325,000 | |
| Annual Revenue: | $330,000 | |
| Net Profit: | $165,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $10,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | 1 | |
| BBN Listing #: | 1015199 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer a title agency not affiliated with any business source for sale in Tidewater, Virginia. Revenues consist primarily of settlement fees and title insurance revenues. The company has a website but a limited social media presence. The turnkey business includes all equipment and fixtures. The seller is willing to assist with training as required. This is a wonderful acquisition opportunity for an established title company or underwriter.
Contact the Seller:
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Property Features and Assets:
Office is leased.
Market Competition and Expansion:
Virginia ranks 12th in the nation for total title insurance premium volume. The state's local market generated over $417.9 million in total written premiums, reflecting a resilient real estate landscape backed by strong national underwriters. Real estate values, residential home sales and credit availability dictate demand for title insurance policies, because they largely determine the number of real property transfers in the domestic market.Â
Reason for Selling:
Owner wishes to retire. Kindly ask the seller for more information.
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:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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