Profitable Property Management Business
Tomales, CA Marin County
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- RE: Profitable Property Management Business
- Contact: Michael Floorman
- License #: 11060661
Quick Facts
| Asking Price: | $0 | |
| Annual Revenue: | $878,574 | |
| Net Profit: | $384,234 | |
| Cash Flow: | $384,234 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1989 | |
| Employees: | 4 | |
| BBN Listing #: | 938168 | |
| Broker Reference #: | 11246 |
Business Overview:
This Established Property Management business has been operating successfully in the Bay Area for over 30 years. Specializing in the management of single-family homes and small multi-unit residences ranging from 2 to 12 units, their focus is on proactive home maintenance. The aim is to preserve high property values for investors and owners planning future sales. With a proven track record, this business excels in transforming neglected properties into well-maintained assets and turning negative cash flow situations into substantial positive cash flows. This business has consistently had revenues over $900,000 and SDE over $420,000. 11246
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Property Features and Assets:
The current lease expires in 1/2024, Rent $250.00,
Hours 9 am to 5 pm Monday thru Friday
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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