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- RE: Established Home Based HOA/POA Property Management
- Contact: Sunil Z.
- License #: 616099
Quick Facts
| Asking Price: | $800,000 | |
| Annual Revenue: | $350,000 | |
| Net Profit: | $275,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2012 | |
| Employees: | 2 | |
| BBN Listing #: | 993748 | |
| Broker Reference #: | 25295 |
Business Overview:
Established for 14 years, this Property Management company has had consistent revenues and net profits. Approximate net to owner is around $275k. An additional revenue of about $12k/yr come from maintenance related jobs.
Home based and extremely low overheads. Key employee will stay and the Seller will give training and support to the new owner for a smooth transition.
All properties are HOA and over $3,800 units. Almost all the units are SFH, with a few condos. Most of the accounts are in North part of Austin Metro Area.
Great opportunity for an existing property management to pick up new accounts without increasing overheads. Automated system in place with almost all interaction and transactions are via app. Besides the owner, there is one full time property manager and one part time employee. Existing Property Management company can save $75k in payroll expenses​ >>
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Reason for Selling:
Retirement. Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Texas businesses for sale
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