Profitable Property Management Business
Summary
Step into business ownership quickly and successfully!
Fantastic opportunity for a Florida-licensed Real Estate Broker to own this existing Residential Property Management business that's part of an SBA-approved national franchise providing essential services to property owners and investors in booming SARASOTA and MANATEE counties, FL.
This established, growing business is priced only slightly above the cost of the franchise alone. The client and tenant revenue flow from fees for monthly management, leasing, lease renewal, application and administration, and margined maintenance. The portfolio is managed using a web-based software system that streamlines business operations and allows the manager to conduct business anywhere.
Start with a rock-solid foundation and an existing revenue stream
• Well-known, trusted name
• Moneymaker w/ immediate growth opportunity
• Strong system-wide revenue
• Robust, upscale rental market with lots of opportunity for growth
• Systems in place for a true turnkey operation
• Technology driven
• Recurring revenue
This business focuses on managing single-family homes and condo units for individual owners. There's also great opportunity for an owner who wants to do vacation rentals, associations and/or multifamily.
Take this business to its full potential. Make money beginning day one and leverage the many opportunities from having resources and support unavailable to small, independent business owners.
Financial Information
2024 YTD revenue
|
N/A |
2023 Revenue |
N/A |
2023 Cash flow |
N/A |
2022 Revenue |
$214,505 |
2022 Cash flow |
N/A |
Value Metrics
Asking Price / Revenue (2023) |
N/A |
Asking Price / Cash Flow (2023) |
N/A |
Cash Flow / Revenue (2023) |
N/A |
Facility Information
Is the facility owned or leased? |
Leased |
Is the facility available to the new owner? |
Yes |
The facility area |
200 ft² |
Monthly rent (including CAM) |
$367 |
The lease expires |
01/2024 |
Additional Information
Reason For Sale |
Other |
Location |
Southeast, Sarasota County, Florida |
The Seller financing is available? |
No |
Inventory included |
Yes |
How much? |
$1,500 |
Employee Information
Full-time employees |
2 |
Part-time employees | |
There are ample employees. With the exception of the Seller, it is not anticipated that there will be any employee turnover as a result of a sale: |
Yes |
Equipment Information
Details |
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