Request More Information Contact the Seller
- RE: WA: Home Security & Maintenance Services
- Contact: Claudia Smith
Quick Facts
Asking Price: | $525,000 | |
Annual Revenue: | $469,321 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $113,040 | |
Total Debt: | Not Disclosed | |
FF&E: | $55,013 | |
Real Estate: | Not Disclosed | |
Year Established: | 1995 | |
Employees: | 5 | |
BBN Listing #: | 937952 | |
Broker Reference #: | 8002-18189 |
Business Overview:
This is a business opportunity in a growing segment of Property Management Industry in the absentee ownership of homes located in recreational areas for part time use or rental in operation since 1995. They provide security home watch services, cleaning, key service, year round and, as needed, additional customized maintenance and repair services like, snow and leaf blowing, lawn care, general handyman services. They are accredited members of the National Home Watch Association (United States & Canada).
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.
Property Features and Assets:
It is a home based business, as all services are provided at the client's homes. The owner has a shop where he keeps supplies and equipment. A new owner will need to have a similar shop of their own or rent a storage space.
1000 sq ft unit for $600/month plus utilities; expires 2026.
Assets = $55,013
Market Competition and Expansion:
The business provides the only service of its kind in the region. IBISWorld Reports that the Property Management Industry is a $114.9B annual industry. Washington State Department of Labor states that the population growth rate in Okanogan County from April 1, 2020 to July 1, 2021 was 1.3 percent, considerably faster than that of the state at 0.4 percent. It seems the pandemic made teleworking an option in 2020 and 2021. The National Association of Realtors reports that from January to April 2021, the share of vacation home sales to total existing-home sales rose to 6.7%. Vacation home sales jumped 57.2% growth in total existing-home sales nation wide. This sales growth has slowed over time but the surge in the vacation home market necessitates home watch and repair and maintenance services.
Reason for Selling:
Owner has another Opportunity.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is a homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Washington businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information