Services - Other Business Services | Services - Finance, Banking, Loans & Leasing

Asking Price	$200,000	Inventory
Gross Income	$446,748	Real Estate	$400,000**
Cash Flow	$179,238	Year Established	1996
FF&E	N/A	Employees	6

* included in the asking price

** not included in the asking price

This company specializes in Residential Appraisals in the Western Colorado area. Owner/Operator is included in staff of 3 Certified Appraisers, 2 Licensed, and 2 Registered. One Licensed and one Registered Appraiser will soon be Certified. One the staff operates out of his home in another mountain valley and is currently Registered. Real estate is owned by the Seller and is for sale for an additional $400,000.00. Main floor is leased to another company for $1325/month; Appraisal Company uses upstairs and should pay rent of about $800/month + cams. Current mortgage payment is $1625/month for the whole building (before CAMS of about $250/month)! If you have ever considered owning a highly sought after appraisal firm, this is the one. Well connected with major banks, this company is primed to explode in growth. More appraisers on staff = more sales!

Facilities: Very high end finished office space (Granite, marble, Italian stucco), modern new furniture, complete network system with remote access to all appraisers in the field. Long term lease available, or better yet, buy the real estate below market value!!!

Competition: Very little competition, as most appraisers seem to work on their own as a mom and pop opperation. This company is cleaning up, as they are the largest of its kind in the resort areas. Many appaisers apply to work here on a regular basis and seller has a great crew to transfer to the new owner.

Growth/Expansion: Add more appraisers, do more volume. It is as simple as that. There is a need for another office to open in another valley soon.

Support/Training: Yes, Seller wants to stay on as a Commercial Appraiser for the same company he wants to sell. He just wants to manage himself only at this point in his life.

Reason Selling: Seller wants to become a Commerical Apppraiser and stay with firm