Definition: In real estate brokerage, an opportunity to acquire an existing business or an interest in a business enterprise. Its value can include operating assets and goodwill as well as any real property included in the sale.
Example
A buyer considers purchasing a laundromat's equipment, customer base, and leasehold interest.
Keep the distinction clear
A business opportunity is broader than a vacant commercial property. Review which assets, liabilities, and occupancy rights are actually being transferred.
Related terms
Business Broker · Going-Concern Value · Intangible Asset
Keep studying
FREC Course II Syllabus: What to Study for the Broker State Exam
References: Florida Statutes 475.01: brokerage definitions
Pronunciation (US): BIZ-nis ah-per-TOO-nuh-tee (capitals show stress)
Pronunciation reference: Merriam-Webster
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