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Very Profitable Property Management Company
Location: United States -> Dist. of Columbia
Industry: Real Estate > Other Real Estate




Business Summary

Executive Summary: This established Property Management business has an established track record with both residential, HOA's and commercial clients. With a solid foundation, this business has numerous opportunities to expand for the next owner. There are well-trained employees and loyal customers. In addition to the 836,000 in seller's discretionary earnings, there is approximately $20,000 in equipment value that will transfer with the business, as well.

Competition / Market Outlook: While there are others in this industry, this business has a lengthy history of satisfied customers, quality service, and an outstanding reputation. While others have come and gone, this business has been stable.

Growth and Expansion: The current owner relies mainly on word-of-mouth for referrals. For a new owner, some simple marketing might lead to potential expansion opportunities. The seller will train the new owner and give them some insight into how to expand the business.

Reason For Sale: The current owner wishes to have an early retirement and start a family.

Training: The owner will provide training as needed.

Facilities: Ample-sized office space that can handle expected growth. The business could also be relocated to a different spot in the Washington D.C. area without much in the way of difficulty.

Financing: The owner will consider some financing for a well-qualified buyer.

Non-Compete: Yes

Hours of Operation: Monday –Friday 8:30AM- 5:00 PM

Employees: 10 employees
Year Established: 1995
Financial
Gross: $1,614,028
SDE: $836,596
Inventory: $0
Equipment: $20,000


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $1,614,028
Cash Flow:   $836,596
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $20,000
Seller Financing:  Yes

About The Business

Year Established:  1995
Number of Employees:  10 - 19
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  The owner will provide training as needed.
Reason For Selling:  The current owner wishes to have an early retirement and start a family.

Photos

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Very Profitable Property Management Company Photo 1




Print Listing Id: 700364779
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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

Also See: Franchise Opportunities > Franchise Resales

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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