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Business Listings

SE Florida Title Agency for Sale

By February 13, 2014No Comments

This business has been sold.

SE Florida Title Agency

Stuart, FL (Martin County)

Title Agency for sale in Florida

Asking Price: $299,000

Gross Income: $240,000

Cash Flow: $129,092

 FF&E: $2,000

Established: 2009

Employees: 3

Business Description

Leading South Florida Title Agency located in Martin County, just north of Palm Beach County, is available for acquisition. This Title Agency is associated with a well-known Law Firm that has been practicing law in South East Florida for over 30 years. This Title Agency boasts mobile notary services and expedited closings in every Florida County. The business is housed in a well-known facility of approximately 1500 sf in a downtown area and is only a few short blocks from the County Courthouse. The business has long term, loyal clients, and is staffed by a well-trained seasoned staff. The owner is retiring and will ensure a smooth transition and will consider staying on in a limited capacity after closing as a consultant if needed. This business opportunity is being offered at $299,000. Included in the sale will be some furniture, fixtures, equipment, computers, programs and software, all client files and databases, websites and phone numbers, all free and clear of all liens. A complete equipment list will be provided. The business usually carries a constant backlog of previously scheduled closings, and will be sold with whatever backlog exists at the time of sale. The amount of backlog is not intended to be monetized. Buyer should be a licensed Florida Title Agent or Florida Attorney, or buyer could hire a consultant. The Title license and Agency agreement, and lease are all in the name of the LLC. Buyer of entity would acquire these items upon acquisition of LLC. For more information please call 407-478-4101.


Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
General office space.
Growth & Expansion:
The outlook for this type of business is very positive. This is a well-known Title Agency in this area and has been in business with a law firm that has been there for 30 plus years. It is anticipated that Martin County will see high growth over the next 10 years and property sales will grow dramatically as a result.
Support & Training:
The Broker will assist the Buyer in acquiring third party financing if required.
Reason for Selling:
Retirement