La Rosa Holdings Corp. announced on November 13, 2024, the acquisition of the remaining 49% interest in its franchisee, La Rosa Realty Premier, LLC, located in Orlando, Florida. This transaction brings La Rosa's total ownership of Realty Premier to 100%, following an initial 51% purchase in December 2023.
Realty Premier generated approximately $2.09 million in revenue and reported positive net income for 2023, providing residential and commercial real estate brokerage services, along with coaching and support to agents. This acquisition strengthens La Rosa's presence in the Orlando market.
CEO Joe La Rosa stated that this acquisition is an important step in the company's growth strategy and supports its ambitious revenue targets for the coming year. La Rosa Holdings projects an annualized revenue run rate of $100 million by the end of 2024 and expects to achieve profitability in 2025.
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