Real Estate Agency for Sale in Playa de las Américas, Spain
Established | 30-40 year(s) |
Employees | 2 - 5 |
Legal Entity | Other |
Reported Sales | USD 300 - 400 thousand |
Run Rate Sales | USD 460 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Vehicle Rental + 1 more |
Locations | Playa de las Américas |
Local Time | 3:54 AM Europe / Berlin |
Listed By | Management Member |
Status | Moderately Active |
- Residential real estate agency and car rental company.
- After so many years we still have high reviews on our website.
- We determine the asking price for a property based on the property area and pre-determined value given by the seller.
- Around 30 properties are listed on the website. Some of the properties are not listed on the portal since those properties are in high demand and we reserve it for old clients.
- Charge a commission of 3-5% of the transactional value of the property from the seller.
- Also provide car rental services and this business is seasonal (5 months). Most of the booking takes place onsite.
- We buy the car and rent it out to the customers. Charge EUR 70-150 per day.
- Have sub-rented the terrace place as well to another company and received around EUR 1,200 monthly rent.
- We do not have any ad hoc employees. Generate provided revenue since we have multiple revenue streams.
- The tax accounts are surveyed by Spanish/English-speaking tax accountants for the last 30 years, they can certify that the company is always taxed and has no issues with the tax authorities.
- Company into commercial and real estate properties sale.
- Also into car rentals.
Tangible assets are 33 cars, garages, and office equipment.
- Our building has one floor, 5 rooms 1 kitchen, and 1 restroom.
- Office is located in the center of the city in a 90 sqm area with a monthly rent of EUR 4,500.
- There are 2 shareholders for the last 25 years and both hold 50% of the shares.
- Company has no loans.