POMPANO BEACH, Florida
| Asking Price |
$275,000 |
Year Established |
1986 |
|
| Annual Revenue |
$401,467 |
Reason for Selling |
retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$114,292 |
Listing Number |
1009720 |
|
| # of Employees |
5 |
Business Category |
Services: Real Estate |
|
Business Overview:
Great Opportunity to expand 40 year business
This Property Management company, located in Coral Springs, Florida has been serving Broward County for over 40 years under the same ownership. They specializes in the administration of condominium and homeowner associations. The company offers a comprehensive suite of services designed to ensure the efficient operation and maintenance of residential communities. There is a Manager with a CAM license that will stay on post-closing.
Established in 1986, with 31 associations and a total of 1,333 units under management with the average client relationship of 20 years.
SERVICES PROVIDED:
Financial management, encompassing budgeting, accounting, and the collection of association dues.
Coordination of maintenance for common areas, janitorial, landscaping, Land structural repairs.
Vendor management and negotiation of contractual agreements.
Ensuring compliance with local, state, and federal regulations.
Facilitating resident communication and support, including the organization of meetings and the distribution of official notices.
Property Features and Assets:
Market Competition and Expansion:
<p>Current success is based on referrals and word of mouth.<br></p><p>Leverage existing historical goodwill to add customers via geographic market expansion. • The market for short-term rentals is growing rapidly. • By providing a customized menu of services focusing on the unique needs of HOA boards, such as financial management and resident relations.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity