Real Estate Valuation & Consulting firm

Brooklyn, NY
Kings County


Asking Price: Annual Revenue:
Not Disclosed $888,011

Services: Real Estate


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RE: Real Estate Valuation & Consulting firm Broker: Paul Visokey

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $888,011
Net Profit: Not Disclosed
Cash Flow: $267,752
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1991
Employees: 10
BBN Listing #: 627860291
Broker Reference #: V1562

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Business Overview:

Incorporated in 1991, this business is a family-run real estate valuation company, servicing the five boroughs of New York City. The President and CEO has been appraising since 1985 and has personally trained the entire seven-member appraisal team. Each appraiser reports directly to CEO to maintain the quality of each appraisal. The CEO reviews and signs all appraisal reports. Quality control, customer satisfaction, and the highest ethical standards have contributed to the reputation of this appraisal firm as one of the top commercial and residential real estate valuation firms in Brooklyn. The owner is willing to continue with the business for a substantial period for training and client relationships.

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Property Features and Assets:

Office space leased.

Market Competition and Expansion:

Competition for bank appraisals for mortgages is strong but with high volumes. This business has a significant niche with law firms and other organizations needing property appraisals.

Reason for Selling:

Eventual retirement.

Additional Details:

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

Documents:

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