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- RE: Established Property Management Company
- Contact: Colin Grover
Quick Facts
Asking Price: | Not Disclosed | |
Annual Revenue: | $430,976 | |
Net Profit: | $85,908 | |
Cash Flow: | $85,908 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1996 | |
Employees: | 6 | |
BBN Listing #: | 996448 | |
Broker Reference #: | 170-13004 |
Business Overview:
Business Overview:
This established property management company specializes in the management and accounting services for condominium associations. With a portfolio of 32 active condo associations under management and an additional 32 for which it provides accounting services, the company has built a strong reputation in its market. The business operates from its own real estate, which is included in the sale. The seller is willing to sell the real estate with the business or without, and will offer a lease option to the buyer if they prefer not to purchase the property.
Key Features:
• Extensive Portfolio: Manages 32 condominium associations and provides accounting services for an additional 32, showcasing a diverse and stable client base.
• Real Estate Flexibility: The sale includes the company's office property, and the seller is open to selling the real estate with the business or offering it on a lease basis, giving the buyer flexibility in how they proceed.
• Established Operations: Founded in 1996, the company has a long-standing presence, with a dedicated team and established operational procedures.
• Comprehensive Services: Offers a full range of property management services, including maintenance coordination, financial reporting, and compliance oversight, ensuring high levels of client satisfaction.
Financial Overview:
• Annual Revenue: $431,000
• Employees: A dedicated team of 6 professionals.
Opportunity Highlights:
• Turnkey Operation: The business is fully operational with established systems, making it an ideal acquisition for buyers seeking a ready-to-run operation.
• Growth Potential: Opportunities exist to expand the client base and enhance service offerings, potentially increasing revenue and market share.
• Strategic Location: Located in a desirable market with a strong real estate presence and a growing demand for property management services.
Confidentiality Notice:
Due to the sensitive nature of this sale, specific details about the business, including its name and identifying information, will be disclosed upon the signing of a Non-Disclosure Agreement (NDA).
Contact the Seller:
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Property Features and Assets:
The sale includes the company's office property, and the seller is open to selling the real estate with the business or offering it on a lease basis, giving the buyer flexibility in how they proceed.
Property lease terms: 1,988 sq ft, $3,500/mo, expires 09/30/2026
Market Competition and Expansion:
Located in a desirable market with a strong real estate presence and a growing demand for property management services.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Florida businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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