Service sector in city Dusseldorf
1000.00 sq.m., 1 bedroom

€ 3 600 000
For sale ready-made business in Germany - the management company utilities.

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. Expected in 2019
increase in revenue to 4.7 million euros in profit (EBIT) at the level of 980 thousand euros.

Additional information is available on request!

Seller information

Seller type Agency
Company Costa Blanca

Location of the property on the map

Similar offers