Real Estate Brokerage In Dubai with 30+ Brokers
Exceptional Opportunity: Thriving Real Estate Brokerage in Dubai*
Description:
An exciting opportunity awaits in the heart of Dubai. This fully operational real estate brokerage, established over a year ago, is a testament to strategic investment and meticulous planning. The business stands on a strong financial footing, primed for growth and ready to be taken to new heights.
Business Overview:
The brokerage has seen impressive growth, with staff numbers increasing from 8 to 48 within six months, indicating a strong and scalable operation. The team comprises 36 highly productive brokers and 12 back office and operational staff. The brokerage is fully owned with no local owner involved, established by British owners, and operates from a modern office that accommodates up to 75 employees.
Financial Overview:
- Successful business running for over a year, with a total investment of AED 4.5 million.
- Impressive growth: Staff increased from 8 to 48 within six months, indicating a strong and scalable operation.
- Highly productive brokerage team of 36 members, each with a monthly target of 40,000 AED.
- Expansion plans: Aim to grow the brokerage team to 60 members by September for increased revenue potential.
- Forecasted revenue: With 60 brokers generating 40,000 AED monthly, projected revenue is substantial.
- Profit distribution: 50% of monthly revenue goes to brokers as commissions, ensuring motivated and high-performing team members.
- Profitability forecast: Net profit estimated at 650,000 AED monthly, even after deducting expenses of 550,000 AED.
- Two-year projection: Net forecast profit of 15,600,000 AED, demonstrating impressive potential return on investment.
Assets and Capabilities:
The brokerage is equipped with a comprehensive range of assets and capabilities, including two operating bank accounts with currencies of AED, USD, fully configured CRM software, and WhatsApp automation for lead qualification. The company also has a domain with over 50 unique landing pages and the ability to send out daily 50,000 messages via WhatsApp.
Marketing and Brand Presence:
The brokerage has a rapidly growing brand name and accounts with PropertyFinder and Bayut, with 150+ listings on both. Additional marketing assets include email marketing capabilities and partnerships with all Dubai developers.
Equipment:
The brokerage is fully equipped with 70 laptops, 8 iMacs, 100 mobile phones, and 70 desk phones. The modern office is fully equipped with modern finishing.
Growth Potential:
With all departments fully functional, the groundwork has been laid for exponential growth. The Dubai real estate market continues to expand, and with the right push, this brokerage is poised to ride that wave. The sales side of the business, in particular, holds untapped potential, ready to be harnessed by a motivated and strategic investor.
Conclusion:
This is a turnkey opportunity for an investor looking to enter or expand in the Dubai real estate market. With a dedicated team, comprehensive marketing strategy, and a strong brand presence, this business is ready to soar. Request for more info.
Financials (USD)
Asking Price $1,769,911
Cash Flow Not Disclosed
Sales Not Disclosed
Converted From AED
Exchange Rate $0.27
Deal Terms
Represented by broker? No
Buyer Fee? No
Seller Financing? No
Willing to co-broke? No
Principals only? Available On Request
Franchise? No
Management will stay? Yes
Relocatable? Yes
Real Estate? No
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