Sunday, September 05, 2010

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Listing Details - SHORT TERM HOUSING

SHORT TERM HOUSING
(Travel Related, Travel Agencies; Travel Related, Other Travel/Transportation; Real Estate Related, property management companies (residential); Real Estate Related, apartment locators)

Manhattan, NY - New York, New York

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: C54768
Status: Active

Listing Details

Listed Price: $1,195,000
Down Payment:
Total Sales: $2,450,000
SDE: $375,000
EBIT:
EBITDA:
FFE: $10,000 Included? Yes
Real Estate: Included? No
Inventory: Included? No
A/R: Included?
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Contact Information
Mel Lisiten
Office:
Cell:
Fax:
Email: mel1real@aol.com
Send Email To Agent
Reason for Sale: Retirement.
Training: Owner will train. Owner will stay on with a consulting agreement.
Financing Terms: Seller Will Finance 50%.

Operations

Year Established: 1999
Last Acquired:
Form of Ownership:
Home Based:
Relocatable: No
Type of Location: Office Building
Absentee Owner: Yes
Online:
Employees: Full Time: 5 / Part Time:
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire: 7/9/2020
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: Beautiful offices in midtown manhattan

Summary

Business Description: This is an unusual short term housing company caterring to schools, institutions, foreigners who want to stay with an american household and those who want or need an immediate place to stay. The company is the only one in it's particular field . Recommended by most esT, vocational schools,universities, hospitals and other international organizations such as the UN, Foreign Consulates or Chamber of Commerce. For more info please fill out the NDA on our homepage and fax it to us at 212 661-4285 or e-mail it to mel@lisitenassociates.com. WE will then contact you with the information that you seek.
Historical Summary: This is the Original Company of this type in North America and is known Worldwide.
Owner Qualifications:
Competition: No competition . This company is the only one of it's kind in a growing marketplace.
Potential Growth: Can be branchised , franchised, or licenced in additional major cities throughout the world.
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