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- RE: Property Management Company
- Contact: Armen Nazarian
Quick Facts
Asking Price: | $225,000 | |
Annual Revenue: | $590,390 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $171,232 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 2020 | |
Employees: | 5 | |
BBN Listing #: | 997280 | |
Broker Reference #: | 735 |
Business Overview:
This is a great opportunity to own a well-established, very profitable and successful Property Management Company servicing the Tri-County Area of Michigan (Oakland, Macomb & Wayne Counties). Established in 2020, this profitable Management Company manages approximately 90 door units including Single Family Homes and smaller Multi-Unit Buildings. Possible growth of 100+ additional doors per year through a partnership with investors and rental home developers. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with expanding to other cities/counties, adding commercial properties, and networking with investors, you have HUGE potential. If you are looking for a well-structured, profitable Property Management Company, look no further! Great Cash-flow! Seller is willing to train new owner during the transitional period. A must see-must have business that will not last long! Seller will entertain all reasonable offers!! Contact Armen Nazarian Business Brokers
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.
Property Features and Assets:
This is a great opportunity to own a well-established, very profitable and successful Property Management Company servicing the Tri-County Area of Michigan (Oakland, Macomb & Wayne Counties). Established in 2020, this profitable Management Company manages approximately 90 door units including Single Family Homes and smaller Multi-Unit Buildings.
Market Competition and Expansion:
Possible growth of 100+ additional doors per year through a partnership with investors and rental home developers. Current owner does minimal advertising…a new owner/operator with some creative advertising/marketing along with expanding to other cities/counties, adding commercial properties, and networking with investors, you have HUGE potential.
Reason for Selling:
Other Business Interest. 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 not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Michigan businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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