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Property Management Company For Sale

Greater Edmonton Area, Alberta, Canada
Asking Price:
$1,650,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$1,325,000 (CAD)
Cash Flow:
$545,000 (CAD)

We are bringing to market A well established property management company in the Greater Edmonton area. The many hundreds of doors serviced are properties with established tenants and favorable leases that include ancillary revenue streams beyond management fees.

This is a fast-growing company with a track record of consistent growth that is gaining market share due to better service quality and highly refined business practices, procedures compared to most of its competitors.

They have 6 employees. Employee turnover with the sale is not anticipated and the owner is committing to help with a smooth transition.

The company has a great reputation with top notch customer service with many long-term clients.
Buying an established property management company eliminates the challenges of starting a business from scratch. One of the biggest advantages of taking over an existing property management company is the built-in customer base that will provide immediate cash flow.

A property management company's main responsibility is to maximize the return on real estate investments while acting in the best interests of property owners. Tasks include keeping the properties occupied and handling maintenance. Property managers should have a great knowledge of the real estate market to be able to maximize rental rates and effectively market the properties. Great people skills are also essential for property managers. Most daily tasks involve communication with landlords, tenants and contractors. Requests must be handled effectively and promptly to maintain a good relationship and reputation, and you must also be able to deal with tenants firmly when lease agreements are broken.

For complete information please contact Dwight Lester at i

Property Information

Real Estate:

Lease

Business Operation

Reasons for selling:

Other interests

Employees:
6 FT & PT
Years established:
10 Yrs.

Other Information

Furniture / Fixtures value:
$68,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

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