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Profitable Property Management Business

Northeast, Boston, Massachusetts
Listing ID 240
Asking Price $69,000
Cash Flow N/A
Revenue N/A

Summary

Step into business ownership quickly and successfully!

Fantastic opportunity for a licensed real estate broker to own an existing Residential Property Management business that's part of an SBA-approved national franchise providing essential services to property owners and investors.

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

The seller doesn't currently do vacation rentals or associations — but receives many calls. The business specializes in managing smaller multi-family's together with some renovations and house watches.

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

$255,000

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

120 ft²

Additional Information

Reason For Sale

Location

Northeast, Boston, Massachusetts

The Seller financing is available?

No

Inventory included

No

Employee Information

Full-time employees

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:

No

Equipment Information

Details

Included in asking price

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