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Well-established Real Estate & Yacht Brokerage In Palma For Sale

Palma de Mallorca, Mallorca, Spain
Asking Price:
€150,000 Furniture / Fixtures and Inventory / Stock included
Turnover:
€500,000
Net Profit:
€200,000

This agency is mainly dedicated to brokering the purchase-sale of second-hand residential properties in Mallorca and yacht sales. A well-established business with a combination of Real Estate & Yachts for sale business, with a successful track record and with over 200 property listings and 60 plus yachts for sale.

Due to proven recruitment, sales, and collaboration processes, the company managed to close a total of +350 sales operations till date.

In 2022, revenues reached over 650.000€ and for which the company has currently a staff of 9 to 11 people. The EBITDA surpasses 200.000€.

This real estate company is established on a prime location in Mallorca and the property of the offices can be included in the sales agreement or rented at (at market value)

Want to live in Spain and enjoy a profitable business? Then this is your opportunity!

Property Information

Real Estate:

Lease

Lease Terms:

5 years renewable

Leasehold Rent:

€13,600 per annum

Location:

Palma de Mallorca

Premises Details:

Fully set up Real Estate & Yachts Brokerage premises, with over 12 meters of window frontage in a corner unit located in a busy street. LED displays and shades throughout, furniture, computers...

Business Operation

Expansion Potential:

The business has been growing year after year and has plenty of growing potential on the marine side and the real estate side. With over 15 trained sales brokers it's the ideal platform for someone who wants to grow his existing business or start up a venture in Mallorca

Reasons for selling:

Relocation of my family

Trading hours:

10.00 to 19.00 Monday to Friday

Employees:
15
Years established:
10

Other Information

Support & training:

Provided. Training materials, courses and all the necessary mentoring to take over.

Furniture / Fixtures value:
€50,000 - included in the asking price
Relocatable:
This business can be relocated.