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Established Real Estate & Property Management Brokerage in Middle TN

Tennessee, United States
Asking Price$399k
Revenue$4.36m
EBITDA-
Cash Flow$338k
Description
This is a confidential opportunity to acquire a well-established residential real estate and property management brokerage, operating under a recognized franchise brand with two office locations serving the Middle Tennessee and Southern Kentucky markets. The brokerage generates over $4.3M in annual revenue, with approximately 92% derived from real estate transaction commissions and 8% from residential property management income, creating a balanced revenue stream that combines transaction-driven upside with recurring management fees. The business operates under a proven agent-driven commission-split brokerage model, allowing ownership to generate strong seller discretionary earnings while leveraging the productivity of licensed agents operating under the brokerage. The brokerage benefits from an established brand presence, long-standing agent relationships, referral-driven transaction volume, and operational systems that support continued scalability. In addition to the brokerage operations, the company provides residential property management services, creating additional recurring revenue and strengthening relationships with property owners who often become future real estate clients. Ownership is not dependent on personal real estate sales production, making this an attractive opportunity for a broker-owner, multi-office operator, property management firm, or investor seeking to expand into brokerage ownership. The current owner is also willing to assist with transition and remain as Broker of Record for a period of time, allowing a new owner the flexibility to bring in a broker or obtain their own broker’s license if needed. With strong historical revenue, an established agent base, and an integrated property management component, this opportunity presents a rare chance to acquire a scalable real estate brokerage platform with recurring revenue and expansion potential.
Real Estate
Rent is $4,200 per month
Building Size: 5000 sq. ft.
Furniture Fixtures & Equipment
$60k
Business is
Established Franchise
Number of EmployeesFull-Time: 1Contractors: 33
Year Established
2011
Reason Selling
Other Business Opportunities
Support & Training
Negotiable
Market & Competition
The Middle Tennessee residential real estate market is highly competitive, with numerous national brands, independent brokerages, and teams operating in the area. Despite this, the business has maintained a strong presence for over a decade, demonstrating durability, brand recognition, and the ability to compete successfully across multiple market cycles.
Growth Opportunities
Growth opportunities include continued agent recruiting, increased per-agent productivity, and deeper penetration within existing Middle Tennessee markets. The next owner will also hold rights to expand into southern Kentucky, offering a defined path for geographic growth beyond the current footprint. Additional upside exists through scalable marketing and operational efficiencies without reliance on owner production.
Related Categories
Other Service Business for Sale
Business for Sale in Tennessee
Asking Price$399k