Well Established Real Estate and Property Manag...

Confidential, FL
Palm Beach County


Asking Price: Annual Revenue:
$410,000 $421,396

Services: Real Estate


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RE: Well Established Real Estate and Property Manag... Broker: Ryan Cave

Quick Facts

Asking Price: $410,000
Annual Revenue: $421,396
Net Profit: Not Disclosed
Cash Flow: $151,488
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1976
Employees: 7
BBN Listing #: 513543978
Broker Reference #: BOCARFL001-N893

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Business Overview:

This Business offering is a division of an older well established real estate and property management company. The Company's property management, accounting and maintenance divisions are offered for sale - which is separate from the balance of the Company which provides commercial management, sales and construction, requiring special licenses. The business model being offered has reoccurring profitable monthly revenues from existing property management contracts. These contracts are from Condominium Associations, Home Owner's Associations as well as Accounting and Maintenance contracts. The Company has an excellent reputation with great profit margins. This is truly a recession, crisis-proof and essential business to grow from. The Company has been providing condominium property management services in South Florida for over 40 years. Property contracts under management consist of 1500+/- residential units. This Company has a very low turnover rate from the Associations it represents; many have been with the Company for over 20 years. This business offering is established in a central Palm Beach County location and comes with a high quality office staff. The owner plans to stay on for an extended transition period to help introduce the new buyer to all accounts. The owner, since acquisition, has used the "base company" as a springboard to develop and build and sell numerous office buildings, residential homes and commercial centers and is now retiring. This Florida based Well Established Real Estate and Property Management Company for sale is presented by Sunbelt Business Brokers of South Florida, a division of SUNBELT, the largest organization of business brokers and M&A professionals in the world. With a local presence and global marketing reach, Sunbelt Business Brokers of South Florida has provided main-street and lower middle market business owners and buyers with unsurpassed deal expertise for over 20 years. For more information on this business for sale contact Ryan Cave at rcave@sunbeltnetwork.com or 561-832-9222.

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Reason for Selling:

Retirement

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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