Listing Number: 80041-332197
Offered is an established Real Estate Tax Abatement firm established in 2012, helping clients to reduce their property tax burden. Because office space is dormant, retail, medical, restaurants, all commercial real estate has been negatively affected, real estate values must reflect the downward spiral. The real estate tax abatement business is one year behind the actual downward taxable assessments. You can help these clients save money on a guaranteed success fee basis!
It caters to mainly commercial property landlords who have seen a drop in revenue or loss of Real Estate Taxable value in their holdings. Often local tax assessors do not keep up with the market, so this enterprise helps recover the over-charged property taxes for a contingency fee. In the past, the firm has handled as many as 100-200 contracts annually.
The Company generates revenues from savings over a three-year period, helping to develop an annuity income stream model. Business includes extensive client-marketing mailing data. This opportunity lends itself well as an independent operation or as an alternative and/or adjunct to a CPA, real estate attorney, appraiser, or related professional.
- Price: $ 199,000
- Down Payment: $199,000
- Sellers Discretionary Earnings: $ 0
- Total Sales: $ 0
- Location: Middlesex County, Massachusetts
- Inventory: $ 0
- FF&E: $ 0
- Employees: 2
- Year Established: 1974
- Reason for Selling: Retirement
- Category: Business Services