Property Management Co w/ Recurring Revenue

San Diego, CA
San Diego County

San Diego County


Asking Price: Annual Revenue:
$595,000 $846,757

Services: Professional


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RE: Property Management Co w/ Recurring Revenue Broker: Dustin Sigall
License #: 01790467
Owner Financing is Available!
$500,000 Down Payment, Balance Seller Carry Note for 36 months at 6% interest.

Quick Facts

Asking Price: $595,000
Annual Revenue: $846,757
Net Profit: Not Disclosed
Cash Flow: $176,828
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 8
BBN Listing #: 280423364
Broker Reference #: 106-15338

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Business Overview:

Business services three categories including HOA Account Management, Property Maintenance and Traditional Property Management. Business began in 2004 and services Central, South, and East San Diego County. The company has management contracts with over a hundred San Diego area condo owners, located in mostly multi-unit HOA buildings. The company's mission is to make the management of property as effortless as possible, whether the client needs full service association management, accounting services, assistance finding and managing tenants, or property restoration and maintenance. Stable year over year revenue with over $845k gross sales and $176,000 in discretionary income in 2018.

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Property Features and Assets:

This is a leased location of 1,087 square feet. Total Rent is $2,445, Lease Ends 10/2020.

Reason for Selling:

Family

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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