Absentee Owned, Property Management Company
Not Disclosed, AZ Not Disclosed
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- RE: Absentee Owned, Property Management Company
- Contact: Bryan Vitagliano
Quick Facts
| Asking Price: | $1,500,000 | |
| Annual Revenue: | $3,470,099 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $452,481 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $80,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 991886 | |
| Broker Reference #: | 2370509 |
Business Overview:
This well-established company manages short-term rentals in highly sought-after locations in Arizona. The owner lives out of state and the team on location runs all the daily operations of the business.
The business is profitable year after year with only word of mouth as the driver for growing the portfolio of properties. The exceptional service to both the property owners and the renters helps differentiate this company from any competing management groups in their areas. There are approximately 70 properties currently under management, and many have been clients for multiple years. With the current contracts in place, revenues are projected through 2026.
This is an opportunity to step into a cash flowing business with tremendous growth potential without the need for immediate capital expenditure. The seller is entertaining realistic offers and would be open to entertaining some level of seller financing for well-qualified buyers.
Please contact me with your interest and in conjunction with signing an NDA, please be prepared to show proof of funds.
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.
Market Competition and Expansion:
There is opportunity for growth.
Reason for Selling:
Interested in pursuing other ventures.Additional Details:
- The property is Leased.
- 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 Arizona businesses for sale
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- Find a business broker
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