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Asking Price: $199,990

National Property Management Company In Akron

Akron, OH
Summit County

The local office provides top of the line management services for our clients that lack the time and the expertise needed for the “day-to-day” management of their real estate properties and investments. The new owners’ role is multi-faceted: to find and screen tenants, process rent payments, provide property inspections, maintenance & repairs, and process evictions when necessary. This is a busy, home based, real estate and property management business. We are one of the top property management solutions in the market. The sale includes modern technology, back-office support including marketing and accounting, comprehensive training, and over 50 revenue streams in 4 pillars of management. Step into predictable revenue streams of income. Totally recession proof business. Whether the real estate market is ''booming'' or ''busting'' properties still need to be managed. Rents need to be collected. Bills paid. Roofs fixed. We provide all these valuable and profitable services and more. The business has the opportunity for continual and nearly unlimited growth depending on the new owner’s time commitment. This office will be partnered with a well-established and nationally recognized brand with over 400 offices nationwide. No prior real estate experience is needed. Customized property management software and full training included along with ongoing corporate support.

Cash Flow $235,000
Revenue $675,000
$ Owner Financing Available

Asking Price: $14,950,000

Commercial Roofing with 16 Million in Backlog

Akron, OH
Summit County

After 30 years in business, this 100% commercial roofing company has over 16 million in backlog and does 70% maintenance work! Their team includes 25 administrative staff members and a combined 60 metal workers and craftsman. The business will use subcontractors on a rare and minimal scale for specialty work. Their client base spans over a 120-mile radius of Erie, PA and consists of exclusively commercial clients, which, coupled with their excellent reputation, has led to their customer pool being made up of 60% recurring clients. Having been open for over 30 years, this business and team have been able to acquire an excellent reputation with their clients and have established profitable partnerships in their community and surrounding areas which keeps word of mouth marketing effective all year round. Though the owner is active in oversight and management, he is willing to stay on for 2 years post-close to not only train & transition, but to help find and train his replacement if the buyer desires. With over $6 million of assets included in the purchase, new ownership can expect to continue this business’s ongoing growth pattern without investing excessive resources into expanding opportunities. They fully self-perform all labor and have an extensive staff and established chain of command.This area is well known for their requirements of union-based employees and businesses for construction or repair work. Thankfully, this business is well intertwined with local unions, and 75% of their current projects come from those established partnerships. While they do some public work with these ties, expanding their partnerships and open bids to include more municipal work would be a huge opportunity for growth. Other opportunities would include expanding into residential work or growing the new installation side of business as their current primary focus is maintenance and repair.Priced at $14,950,000 a 10% down payment of $1,495,000 returns $1,619,957 in the first year after debt payments. The current owner is selling as part of his retirement strategy.

Cash Flow $3,615,422
Revenue $17,541,382
$ Owner Financing Available

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