Online Real Estate Agency in Madrid Spain

Madrid, Spain

Asking Price: Annual Revenue:
$160,000 $251,075

Technology: Internet, Websites

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RE: Online Real Estate Agency in Madrid Spain Broker: Thomas Milana
Owner Financing is Available!
Loan/Seller - Amount: $40,000; Months: 36; Rate: 5.00%

Quick Facts

Asking Price: $160,000
Annual Revenue: $251,075
Net Profit: Not Disclosed
Cash Flow: $116,586
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 3090630
Broker Reference #: 0101819062

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Business Overview:

Excellent opportunity to own a niche website/real estate agency specializing in international buyers moving to and investing in Spain. Established since 2013 and absentee-owned since 2017. There are several reoccurring income streams including commissions from partners (70,000€ in total in 2019 = 30% of sales) and low fixed monthly expenses. One key employee/manager in addition to several freelance collaborators, all with little owner involvement. This is a high-margin operation with an ongoing organic funnel of leads via the website. The site is currently ranked within the top Google sites for Madrid real estate, with over 250,000-page views-year, and 20,000 unique hits per month. *Note: Spain has very relaxed licensing requirements making it easy to enter the industry. Also note that all figures including price are in €uro currency. Please refer to listing 0101819062, business broker Tom Milana when you inquiry about this listing.

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Property Features and Assets:

Non Compete : Miles: 500 Years: 5

Reason for Selling:

Retirement to start a family.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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