Resort Real Estate Brokerage INCLUDES 30 Lots!

Not Disclosed, WA
Skagit County


Asking Price: Annual Revenue:
$550,000 $206,499

Services: Real Estate


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RE: Resort Real Estate Brokerage INCLUDES 30 Lots! Broker: Kevin Moen
Owner Financing is Available!

Quick Facts

Asking Price: $550,000
Annual Revenue: $206,499
Net Profit: Not Disclosed
Cash Flow: $133,449
Total Debt: Not Disclosed
FF&E: $5,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 112052112
Broker Reference #: 68381-335792

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Business Overview:

Live the lifestyle you have always dreamed of! Nestled in a serene environment with a goal of preserving the natural beauty and lack of commercialization, this firm is THE brokerage serving this resort community.
Minimal competition for listings as this firm has exclusive rights to on-site sales office, AND you own 30 lots!

Take over this turn key operating as a designated broker with our without partner, working the business or build and manage a small team. Existing corporation pays NO DUES on land it owns, and per covenants are provided on-site leasing office at no cost. Structured as a stock sale, new ownership will benefit from these incredible grandfathered incentives.

Not only does this business derive income from real estate commissions, this sale also INCLUDES 30 Lots! $70,000 ADDITIONAL income available by working the business full time with two owners, or earn commission splits from a team of agents.

This incredible resort located in Western Washington shares demand from buyers stemming from Both Seattle and Vancouver, BC. This unique situation allows for increased and diversified demand backed by two major cities, and two national economies. Currency fluctuations also lead to deal flow, creating more supply and demand.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

Current owners run the business and are ready to retire. This is an easy operation for a partnership to run, main responsibilities include showing properties listed for sale, developing lots currently owned, business management.

Market Competition and Expansion:

Minimal competition. This is THE go-to firm for listing properties in this resort. Buyer will be grandfathered in through a stock sale, to also have obligation of FREE On-Site leasing office. Potential Growth Hire brokers and manage a team Expand marketing efforts Seller finance, sell, develop included lots for additional income Expand business into property management Opportunities to flip properties and lots Owner operate business full time -> Pocket commissions paid to agents in prior years ($75,000 and $54,000 for 2017, 2018)

Reason for Selling:

Retiring

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.

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