Business Overview:
Established property management business with stable income and steady income growth. 2018 Gross Revenue of $712,528 (NOI of $243,000) and in 2019, Gross Revenue of $867,226 (NOI of $254,775).
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Property Features and Assets:
Option to purchase real estate is available, both investment properties in portfolio and office building occupied by the company.
Market Competition and Expansion:
Great growth potential as no direct marketing for new business is currently being utilized. Referral sources in place to drive new business to the company. Multiple sources of revenue provide huge upside.
Reason for Selling:
splitting company
Additional Details:
- The property is owned.
- 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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