Well-Established Property Management Company

Well-Established Property Management Company - Overseeing 3,267 doors across 15 Associations

Exceptional opportunity to acquire a turnkey Property Management business with a robust Portfolio of 15 HOAs and Condominium clients, overseeing 3,267 doors. The company has been in business for 40 years and has long-standing relationships with its Association clients.

• Asking Price: $750,000
• Gross Revenue: $1,353,400
• SDE 2023 (annualized): $255,814

The company's success stems from its comprehensive range of services, including Association Governance, Business and Financial Services, Online Solutions, and Property Management, and is known for its expertise and innovation.

1. Extensive Client Portfolio: This turnkey business manages a robust portfolio of 15 associations, overseeing 3,267 doors. It offers a range of services that cater to a wide client base and position the business as an innovative and forward-thinking player in the property management industry.
2. Decades of Excellence: Benefit from a business with a distinguished four-decade track record of excellence in property management, showcasing a proven and enduring commitment to delivering high-quality services.
3. Expert Team: Acquire a business with a highly qualified and experienced team, including property managers, skilled maintenance personnel, and dedicated support staff. This ensures a seamless transition for the new owner.

• 5 Full-Time Property Managers / 2 Part-Time Property Managers
• 5 Full-Time Maintenance Staff
• 1 Part-Time Maintenance Staff
• 1 Full-Time Multi-Property Janitor
• 1 Full-Time Social Director / Admin
• 1 Full-Time Administrative Assistant
• 1 Part-Time Secretary (20 hours/week)

**All buyers must sign an NDA, submit a buyer profile, and submit proof of funds.

Total Sales: $1,353,400

Cash Flow: $255,814

FFE: N/A

Inventory: N/A