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Connecticut Business For Sale |
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| PROPERTY MANAGEMENT COMPANY - CONDO COMPLEXES |
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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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$225,000 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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1980 |
| # of Employees: |
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5 |
| Yearly Revenues: |
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$377,000 |
| Yearly Cash Flow: |
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$85,000 |
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Business for Sale Overview:
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Property Management company that specializes in the management of residential condominium complexes. Responsible for hiring sub-contractors for landscaping, snow plowing & other exterior maintenance activities. Also issues condo resale packages to prospective buyers of Condo units. Financial results thru June 30th, 2008 show gross revenues of $233,000 in revenue and owner income of $85,000
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Property Features and Assets:
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Purchase price includes office lease and owned office equipment. Buyer to assume leases on xerox machine, telephone system and postage machine. |
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Market Competition and Expansion:
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There are other condo management companies. This one has a good reputation for service. |
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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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