Confidential.....Newly available full service Property Management firm Established for 32 years specializing in long term residential rentals & condo association management. Inquire with LA about the special circumstance’s purpose of sale. Absentee operated. Full staff in place. [NOTE] The SDE shown is based on FT owner operator. The historical occupancy rate is near 100%! deal includes newly renewed 5-year contract w/252-unit Condo Assoc. Ideal Buyer will have PM experience and run the business as a FT owner. Many other growth opportunities exist. Buyers must pre-qualify prior to disclosure.
- Asking Price:
- $799,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $827,300
- Cash Flow:
- $228,115
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease/Month: 200 Square Footage: 1,500 Building Type: On site space
Terms & Options: open ended Expiration Date: 12/31/2027
- Premises Details:
-
Lease/Month: 200 Square Footage: 1,500 Building Type: On site space
Terms & Options: open ended Expiration Date: 12/31/2027
Business Operation
- Competition / Market:
-
Non Compete : Miles: 25 Years: 5
- Reasons for selling:
-
Divest
- Trading hours:
-
M-F office hours
- Employees:
- 5
- Years established:
- 32
Other Information
- Support & training:
-
2 weeks training at no cost
- Furniture / Fixtures value:
- $30,000 - included in the asking price
- Inventory / Stock value:
- $15,000 - included in the asking price
- Relocatable:
- This business can be relocated.
