ID: 1781
House

Ready business for sale North Rhine-Westphalia, Germany

Housing and Utilities Management Company in North Rhine-Westphalia

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€3,600,000
Housing and Utilities Management Company in North Rhine-Westphalia

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Additional Information DESCRIPTION
We are pleased to offer you a company providing services in the housing sector located in North Rhine-Westphalia. The main specialization is real estate management. The company offers a wide range of real estate management services, in particular, cleaning, repairs and maintenance of residential buildings and surrounding areas. The company has existed for more than 15 years and during this time has gained an excellent reputation.
 
The company operates in a growing market, in a rapidly developing sector of the economy in real estate management. Constantly incoming new orders from the existing customer base, as well as on the recommendation of new customers, has a positive effect on the potential of its development in the future. The client base is widely diversified and consists of housing cooperatives, real estate funds, insurance companies, municipalities, etc. The staff has about 50 employees.
 
The business is sold due to the achievement of an old age by the owner, but for the uninterrupted transfer of management to the new owner, the owner is ready to provide the necessary operational assistance.
 
Revenues in 2018 amounted to about 3.5 million euros, while profit (EBIT) amounted to 500 thousand euros. In 2019, revenue is expected to increase to 4.7 million euros in profit (EBIT) at the level of 980 thousand euros.
 
Cost - 3,600,000 euros
 
More detailed information is provided after the provision of data on the buyer and bank confirmation of the availability of own funds for the purchase of the business.
 
North Rhine-Westphalia - land in Germany. The capital is the city of Düsseldorf. The largest city by population is Cologne. The population is 17.6 million people (the most populated of the lands of Germany). The area is 34.1 thousand km² (fourth place in Germany). North Rhine-Westphalia is the most urbanized land in Germany: 9 of the 20 largest cities in the country are located here.
 
If you are interested in this and other objects, you can leave a request. Employees of our company will contact you shortly and provide you with the objects that match your request.
 
Do not miss the opportunity to purchase a ready-made business in North Rhine-Westphalia!
Additional Information PROPERTY DETAILS
  • Type of Property: Ready business
  • Property Type: Secondary market
  • Location: North Rhine-Westphalia, North Rhine-Westphalia, Germany
  • Sale Price: €3,600,000

Financial Information

Price
€3,600,000

Purchase Cost

Agency commission
7,14%
Services notary
1%
Services of the management company
Additional Information OTHER INFO
FEATURES
Ready business in Germany for sale

ATTRIBUTES

Year Built: 2004
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