NOT DISCLOSED, Virginia
| Asking Price |
$325,000 |
Year Established |
|
|
| Annual Revenue |
$330,000 |
Reason for Selling |
Owner wishes to retire |
|
| Annual P/L |
$165,000 |
Attention |
Gavin Raphael |
|
| Annual Cash Flow |
$0 |
Listing Number |
1015199 |
|
| # of Employees |
1 |
Business Category |
Services: Financial, Accounting, Insurance |
|
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.
Property Features and Assets:
<p>Office is leased.</p>
Market Competition and Expansion:
<p>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. </p><p> </p>
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