Sell a Business!
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Connecticut Business For Sale |
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| PROPERTY MANAGEMENT COMPANY - NEW HAVEN COUNTY |
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| Attn: Jeff Curtis |
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| New Haven County, CT, USA |
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| Asking Price: |
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$220,000 USD USA Dollars |
| Business for Sale Industry: |
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Services: Real Estate |
| Reason for Selling: |
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Semi-Retirement |
| Year Established: |
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1982 |
| # of Employees: |
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5 |
| Yearly Revenues: |
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$375,000 |
| Yearly EBITDA: |
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$85,000 |
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Business for Sale Overview:
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Well established property management company that specializes in the management of residential condominium complexes. Responsible for hiring contractors for lawn & snow maintenance. Also hires contractors for repairs to individual condo units as well as the buildings themselves. This company does not perform any of the repairs themselves- simply sub-contracts them out. Property Management company also is responsible for the issuance of Condo resale packages to prospective buyers of Condo units. Buyer to assume leases on phones, copier and postage machine. Net Proceeds to Owner in 2007 was $85,000 EBITDA.
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Property Features and Assets:
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Purchase price includes office furniture, buyer to assume lease on several items. |
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Market Competition and Expansion:
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Grow by adding more condo complexes, start your own in-house maintenance department. |
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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