Business Sales & Acquisitions
Price
$1,125,000
Location
Pennsylvania
Industry
Service Businesses
Listing ID
6102022
This Business is SOLD. Well-established, Almost Absentee - Residential Home Appraisal Company in business for over 30 years servicing areas in Pennsylvania and New Jersey with a staff of local appraisers. Company is fully insured, PA and NJ certified and HVCC/Dodd Frank/USPAP/FNMA Compliant. They appraise residential homes only with experience in Residential Conventional, REO, USDA, 203K, FHA, High Dollar homes and New Construction properties. There are six appraisers working for the company and 2 administrative staff. All work remotely. Clients are mostly repeat customers through word of mouth, vendors referrals and appraisal management companies. This is a turn-key business! Owner puts in 10 hours a week to run the company and is looking to retire but willing to stay on as a consultant after the sale, if needed.
Retirement
Will provide
Remotely
Price: $1,125,000
Location: Pennsylvania
Industry: Service Businesses
Listing ID: 6102022
This Business is SOLD. Well-established, Almost Absentee - Residential Home Appraisal Company in business for over 30 years servicing areas in Pennsylvania and New Jersey with a staff of local appraisers. Company is fully insured, PA and NJ certified and HVCC/Dodd Frank/USPAP/FNMA Compliant. They appraise residential homes only with experience in Residential Conventional, REO, USDA, 203K, FHA, High Dollar homes and New Construction properties. There are six appraisers working for the company and 2 administrative staff. All work remotely. Clients are mostly repeat customers through word of mouth, vendors referrals and appraisal management companies. This is a turn-key business! Owner puts in 10 hours a week to run the company and is looking to retire but willing to stay on as a consultant after the sale, if needed.
Gross Revenue: $1,346,000
Cash Flow: $373,500
EBITDA: $373,500
Reason for Sale: Retirement
Training & Support: Will provide
Owner Hours Per Week: 10
Employees: 8
Absentee Owner: Yes
Relocatable: Yes
Facilities Information: Remotely
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Price
$1,125,000
Location
Pennsylvania
Industry
Service Businesses
Listing ID
6102022
This Business is SOLD.
Well-established, Almost Absentee - Residential Home Appraisal Company in business for over 30 years servicing areas in Pennsylvania and New Jersey with a staff of local appraisers. Company is fully insured, PA and NJ certified and HVCC/Dodd Frank/USPAP/FNMA Compliant. They appraise residential homes only with experience in Residential Conventional, REO, USDA, 203K, FHA, High Dollar homes and New Construction properties.
There are six appraisers working for the company and 2 administrative staff. All work remotely.
Clients are mostly repeat customers through word of mouth, vendors referrals and appraisal management companies.
This is a turn-key business! Owner puts in 10 hours a week to run the company and is looking to retire but willing to stay on as a consultant after the sale, if needed.
Retirement
Will provide
Remotely
Administration and Mail
209 West 29th Street
Suite 318
New York, NY 10001
Phone: 212-473-5000
1245 Farmington Ave
Suite #302
West Hartford, CT 06107
Phone: 860-474-8000
1001 Liberty Ave, 5th Floor
Pittsburgh, PA 15222
Phone: (215) 461-5000
Two Liberty Place
50 South 16th Street
17th floor
Philadelphia, PA 19102
Phone: 215-388-2334