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Our local offices provide top of the line management services for our clients that lack the time and the expertise needed for the “day-to-day” management of their real estate properties and investments. This busy, home based, real estate and property management business is for sale. The new owners’ role is multi-faceted: to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. We are one of the top property management solutions in the market. The sale includes modern technology, back-office support including marketing and accounting, comprehensive training, and over 50 revenue streams in 4 pillars of management. Step into predictable revenue streams of income. Totally recession proof business. Whether the real estate market is "booming" or "busting" properties still need to be managed. Rents need to be collected. Bills paid. Roofs fixed. We provide all these valuable and profitable services and more. The business has the opportunity for continual and nearly unlimited growth depending on the new owner’s time commitment. This office will be partnered with a well-established and nationally recognized brand with over 400 offices nationwide. No prior real estate experience is needed. Customized property management software and full training included along with ongoing corporate support. Contact Peter for detailed information about this business.
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in the First 90 Days - Create Your Own Career Opportunity - Help People in Your Community
Second Highest Grossing Hotel In The Nation For this Franchise/Flag. Completely remodeled Rooms/Suites in 2017. Premier location right on the strip of the Nation's Largest Tourist Destination. 61,890 sqft. Sale Price Includes 1.91 Acres valued ALONE at $11,016,000.00. Property taxes amounting to only 40k per year. Over 33% of reservations are booked directly through the Franchise marketing website, a service provided by the Franchisor. 142 Rooms/Keys, Outdoor Pool, on Site Laundry and again centered directly on the tourist/vacation strip. Double digit growth annually for the past five years. Growth Rate of 88% from 2020. Growth Rate of 47% from 2021. Two years remaining under the current flag. Bank Appraisal Completed January 5th 2022. EBITDA of $1,574,632.00. EBITDA Calculated assuming Complete Management/No Direct Ownership Involvement allowing for $542,000 of Total Wage Expense. Price Equal to the Land Value plus 2.75X EBITDA. PPP Loans Removed from EBITDA Calculation. CAP Rate 10.25%. Contact for more details. No Owner Financing available a this time. Proof of Funds and and Escrow Deposit (Fully Refundable during the Due Diligence Time Frame) will be required to go Under Contract.
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