Business For Sale

Property Management

Not Disclosed, CO

Ski Town

Asking Price: Annual Revenue:
$440,000 $375,000

Services: Real Estate

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RE: Property Management Broker: Robert Minor
License #: 78740

Quick Facts

Asking Price: $440,000
Annual Revenue: $375,000
Net Profit: Not Disclosed
Cash Flow: $157,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1995
Employees: 2
BBN Listing #: 19931101
Broker Reference #: Not Disclosed

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Business Overview:

Long established HOA property management business offered for sale in beautiful Colorado mountain ski town. Business has grown consistently over the years and has maintained 11 to 12 HOA properties per the business plan. The continued demand in the industry for property management along with the location of the business provides for success going forward. The contracts for these properties include full and customized management agreements that encompasses all financial, administrative and physical property management duties. The Company also maintains individual management agreements with 4 individual properties for the upkeep, supervision and general management of their properties. Owners are stepping back and share the day to day activities amongst the two.

Contact: Business World Brokers, Inc.
Although this information is deemed reliable, it is not guaranteed by Business World Brokers, Inc.

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Reason for Selling:

Owners are retiring.

Additional Details:

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

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