Business For Sale

Business Overview:

Highly profitable professional Real Estate Management Company located in Northern New Jersey and servicing thirty five residential properties. This full service management company specializes in residential and commercial property management. This company essentially does it all to maintain all levels of real estate management. Whether a condominium, cooperative (co-op), townhouse, home owner association (HOA), individual residence or commercial property, the company cares for all aspects of the property. This includes: rent collections, leasing, paying bills, onsite inspections, cleaning, setting remote timers, general improvements, camera/system monitoring, snow removal and much more. The company customizes a plan for each property based on the individual properties needs. The company has contract relationships with each property owner and collects a monthly fee. Property management encompasses all aspects of running an income property which may arise. The sale includes various computers, software for this industry, phone system, file cabinets, chairs, tables and various equipment required to conduct business. The business facility has private parking on the site and part of the lease agreement. The business is operational five days per week with hours from 9:00 am to 5:00 pm, however due to the nature of the industry contact is required for emergency calls. The business does not require any specific license to conduct business, however a real estate license would be helpful in this industry. The sale will included a long term commercial lease with a monthly rent of $3,500. The business has a full staff of experienced employees who are unaware of the pending They continually attempt to maximize cash flow for the owner by maintaining quality professional service and a profitable return to the management company.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

The facility consists of 1,850 sq. ft. in an attractive commercial office setting with various private offices. The facility is separated with various cubicles and designed for this particular work industry. This business management company is located in Northern New Jersey in a commercial mall with various businesses and conveniently located.

Market Competition and Expansion:

Other real estate management companies exist however due to the nature of the industry no specific competitors are a concern and the seller will supply a non compete agreement to the new operator. With an improved marketing plan and direct contact to property owners this company can continue to expand and develop the bottom line.

Reason for Selling:

Retiring after many successful years.

Additional Details: