Business For Sale

Profitable Residential HOA Mgmt. Accounts For Sale

Tucson, AZ

Asking Price: Annual Revenue:
$199,000 $155,700

Services: Non-classifiable

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RE: Profitable Residential HOA Mgmt. Accounts For Sale Broker: Justin Wines

Quick Facts

Asking Price: $199,000
Annual Revenue: $155,700
Net Profit: $93,524
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: 1
BBN Listing #: 54546649
Broker Reference #: Not Disclosed

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Business Overview:

Collection of 8 residential HOA management Accounts for sale. All the accounts are located within a tight geographic radius comprised of higher income communities. The company has a reputation for being proactive, which is rare in a reactive industry.

The total numbers of doors under management is +- 1,880. Two communities are on the active waiting list, waiting to be onboarded by new ownership (approximately 150 additional doors). Two of the existing communities are scheduled for management rate increases of 5% and 4% in 2019.

The company earns revenues through management fees, transfer fees, and design review services.

These accounts would make for a great bolt on addition for an existing property management company already operating in the space or provide a solid customer base for a new to the business operator.

The seller is leaving the business to pursue other interests and will sign a non-compete agreement, as well as work extensively with a new owner to ensure a seamless transition.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Easily by adding new accounts.

Reason for Selling:

Other Interests.

Additional Details:

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

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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