Real Estate Agency Seeking Loan in Melbourne, Australia

Real estate agency in Melbourne specialising in residential and commercial property management and sales.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 440 thousand
EBITDA Margin 35 %
Industries Real Estate Agencies
Locations  Melbourne
Local Time 6:43 PM Australia
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 550 thousand for 15.0% annual interest, 10 years (Native Currency: AUD 750,000)
Reason: Opportunity to do exactly what we have already done in Melbourne but in Adelaide with better margins... View More
Collateral Available: USD 800 thousand
Includes physical assets worth USD 22 thousand
Interested to connect with advisors
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Business Overview

- Real estate company in Melbourne having a branch office in St Kilda.

- We offer residential and commercial property management, sales and rents.

- We have grown, sold, maintained and developed real estate rent rolls for nearly 10 years.

- Currently, have more than 20 property management contracts under us including residential and commercial properties.

- We collect rent, provide statements, conduct rental reviews, negotiate lease renewals, conduct routine inspections, manage the vacating process, market empty property under management services and we charge a commission on the monthly rent for our services.

- Our agency has seen significant profits over time and branched out into commercial office sales as well as residential sales.

- Our core service is residential property management where we have proven to manage portfolios at a high level.

- We have so far targeted Melbourne Metropolitan and now we are in a position to target in other states as well.

- Promoters of the business have more than 30 years of combined experience in this field.

- Business owns furniture, computers, website, property management contracts.

Products & Services Overview

We are a real estate agency offering residential and commercial property management, sales and rents.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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