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Property Management Company In Florida For Sale

Florida, US
Asking Price:
$720,000
Sales Revenue:
$468,171
Cash Flow:
$247,123

This is an great opportunity to own a successful property management company in Southwest Florida. The company manages 60 homes in a highly sought-after area for both domestic and European tourists. Most of the properties are single-family homes with pools, and some are located on canals with direct access to beaches and the Gulf. Currently, the company is owned by two couples. One of the couples is willing to stay on as employees after the sale, providing continuity and expertise. Additionally, there's a full-time employee that manages the office, and a part time assistant based in Germany, handling European time zones. Maintenance and cleaning services are outsourced to subcontractors. Most homeowners are located in Europe, particularly Germany, and a significant portion of tenants also come from Europe. While spoken German is a plus, it's not mandatory as the employees are German speakers. The ideal buyer for this opportunity is someone who will actively manage the business, rather than being an absentee investor. This business offers an attractive proposition for someone looking to enter or expand in the property management sector in Southwest Florida.

Property Information

Real Estate:

Lease

Lease Terms:

Lease/Month: 800
Terms & Options: Renewable
Expiration Date: 12/31/2027

Business Operation

Reasons for selling:

Other Interests

Trading hours:

DAILY 9AM-5PM

Employees:
6
Years established:
6

Other Information

Support & training:

2 weeks at no cost