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VA / MD

  • Listing Number: 209-21429

    Category: Commercial Real Estate, Professional Services, Service - Commercial B2B

Asking Price $2,750,000
Gross Revenue $1,749,032
Total Adjusted Net Income $936,383
Equipment / Fixtures $7,500
Year Established 2002
General Location VA / MD
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Full Real Estate Title Abstracting Services.
Our in-house abstractors have a combined '150 Years+' experience in searching real estate titles in both Virginia and Maryland. Reports are delivered in a clear and concise format reasonable expectations of a 24-48 hour turn time. The business also works with an experienced overseas team in the Philippines offering extensive services with the benefit of lowered labor costs. In all, the business is well managed, expenses are well managed, ownership understands the market and can adjust to changes in market conditions to maintain profitability at a high level. The business is, and can be run, semi-absentee.

Gross Revenue
$1,749,032
Listed Price
$2,750,000
Total Income
$936,383
Base Rent
$1,543
Square Feet
1400
Total Rent
$1,543
Lease Expiration
01/2023
Rent Deposit
$1,400
Lease Options
Perpetual 1 Year
Equipment / Fixtures
$7,500
Full-Time Employees
9
Training Period
3 months
Contract Staff
9
Reason for Selling
Other Interests

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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