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Description

OFF-MARKET ‘Q4 2023

Highly Scalable In Window Real Estate Ad Software Company

Location: Virtual-Detroit, MI (Wayne County)

Seller Financing Available: Yes if the price and deal structure is right

Asking Price: Best Possible Offer

Gross Revenue: $1,030,000

EBITDA: $141,000

FF&E: NA

Inventory: NA

Established: 2002

Employees: 5

Business Description

This outstanding In-window real estate ad software company is absentee owner-run part-time, the current owner thinks the business could easily grow to $2-3MM in revenues….and you are literally your only competition!

The Company has been in real estate advertising business for over 20 years and perfected a truly interactive “through-the-glass” touchscreen software that uses existing “kiosk-type” video installations to provide an interactive, and truly immersive, home-buying experience that is unlike anything out on the market.
According to the National Association of Realtors, “NAR”, there are 106,548 real estate offices in the United States and the Company’s products and services allow real estate offices to not only capture traffic but engage with the customer real estate office 24 hours a day.

In order to generate consumer awareness of their brand, real estate companies often put their offices in locations with walk by traffic. Their windows are the face of their business.

The Company’s technology transforms the image of the real estate office storefront into a high tech/high touch, customer-focused solution that transforms their windows into their website.

By merging “low tech” illuminated displays to command attention with thru-glass touchscreen technology, consumers can instantly access full video or 3D presentations for everything that is on display. The software immerses the user with interactivity they can’t get anywhere else that’s both entertaining and useful.
With “touch and connect” access to not only all of the real estate office’s agents and their listings, the Company’s software also allows for a fully interactive search of all the properties available in the local MLS and for a near constant replenishment of the real estate office’s buyer database that is limited only by foot traffic to the office.

Technologically, recent improvements to the Company’s systems have now pull MLS data automatically so there is virtually nothing our customer has to do except print out custom designed property flyers for their window display which they can do with a touch a button.

Started by the Seller in 2002 as a Michigan S-Corp, the Seller is the sole, managing member of the LLC and owns 100% of the subject business being sold.

The Seller will work with the successful Buyer to facilitate the transfer of all contracts and intellectual property being purchased under a corporate structure of the Buyer’s choosing.

NDA is required {SUBMIT BELOW} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Facilities:

N/A Relocatable.

Competition:

In CIM, NDA Req.

Growth & Expansion:

In CIM, NDA Req.

Financing:

TBD if structure and terms are acceptable.

Support & Training:

Negotiable period of training/transition consulting at no cost

Reason for Selling:

Other business interests.

Contact info

Pronova Partners

Inquire about this property

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