Real Estate Agency Central Marbella - 85.000€ is for sale in Marbella
Business: Real Estate
Real Estate Agency Central Marbella - 85.000€
Price: 85000 €
The business is an old established business started over 30 years ago which lay dormant for a couple of years, until in January this year, two partners bought it, refurbished the office gained 20 direct instructions and also subscribed to one of the multi listing sites sharing properties with other agents, so there are well over 3000 properties available to offer buyers.
The first sale was agreed at the end of February and two others were in negotiation at the time of the Cobvid-19 lockdown in mid March one of which was agreed.
One of the partners has put everything he had into starting the business, and is now in a situation where he needs to sell quickly. The other isn’t in a position to buy him out so they have decided to sell the business.
The rent for the office is 2500€ per month and it is paid up until February next year. There is also a 5.000€ deposit lodged with the freeholder – saving a buyer an initial 27.500€
In addition there is an ATM in the office window fronting the street which should provide a commission of 600€ per month.
This is an unusual one - an established business which at the same time is not much more that a start up. The office is fantastic as is the website. The owners have put well over 100.000€ into setting it up.