Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

Capital Business Solutions

Under Contract Property Management Company In Broward County For Sale

Broward County, Florida, US
Asking Price:
$275,000
Sales Revenue:
$401,467
Cash Flow:
$114,292

Summary
Great Opportunity to expand 40 year business
This Property Management company, located in Coral Springs, Florida has been serving Broward County for over 40 years under the same ownership. It specializes in the administration of condominium and homeowner associations. The company offers a comprehensive suite of services designed to ensure the efficient operation and maintenance of residential communities. There is a Manager with a CAM license that will stay on post-closing.

Established in 1986, with 31 associations and a total of 1,333 units under management with the average client relationship of 20 years.

SERVICES PROVIDED:

Financial management, encompassing budgeting, accounting, and the collection of association dues.

Coordination of maintenance for common areas, janitorial, landscaping, and structural repairs.

Vendor management and negotiation of contractual agreements.

Ensuring compliance with local, state, and federal regulations.

Facilitating resident communication and support, including the organization of meetings and the distribution of official notices.

Property Information

Location:

Office Building

Business Operation

Management type:
This business is owner operated.
Expansion Potential:
  • Leverage existing historical goodwill to add customers via geographic market expansion.
  • The market for short-term rentals is growing rapidly.
  • By providing a customized menu of services focusing on the unique needs of HOA boards, such as financial management and resident relations.
Competition / Market:

Current success is based on referrals and word of mouth.
Growth Notes:

Reasons for selling:

Retirement

Employees:
5
Years established:
1986

Other Information

Support & training:

3 weeks

Furniture / Fixtures value:
$5,000
Relocatable:
This business can be relocated