Property Caretaking Business in High Growth Comm.

Not Disclosed, MT
Gallatin County


Asking Price: Annual Revenue:
$450,000 $553,300

Services: Real Estate


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RE: Property Caretaking Business in High Growth Comm. Broker: Patrick McGowen

Quick Facts

Asking Price: $450,000
Annual Revenue: $553,300
Net Profit: Not Disclosed
Cash Flow: $113,016
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 2007
Employees: 4
BBN Listing #: 97424955
Broker Reference #: 7604-16481

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Business Overview:

Buy this business. A great opportunity to:

• Work with high end wealthy clients

• Own a business in a high growth community

• Access opportunity to increase business by taking over market share from other sub-par operators (10X growth)

• Provide a high level of service

This business takes care of second homes, for homeowners that want to be able to have their home kept in great shape and fully ready to enjoy a good vacation.

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Property Features and Assets:

This is a lean, low overhead business. All equipment needed to run the business is provided. Assets = $20,100.

Market Competition and Expansion:

Plenty of competitors, but the marketplace has a lack of detail oriented, thorough property managers that follow through. There is plenty of opportunity to capture market share by continuing to provide good service. Also, the growth in this area is substantial and current operators are struggling to keep up. New clients are having difficulty even finding managers to take them on. Current owner has intentionally capped the number of properties they manage. A new owner can live on a comfortable income without expanding, or grow the business. A 10X growth is possible.

Reason for Selling:

Retirement.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is a homebased business opportunity.
  • This is not a franchise resale opportunity.

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