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Profile No. NA-0896
Residential Property Management Business
NAICS or Sic Code: 531311
Industry: Residential Property Management
Gross Sales:
Sellers Discretionary Earnings: $70,000
Value of Assets Included:
Inventory Included:
Asking Price: $140,000

 


 

National Business Brokers businesses for sale

This Property Management business is a terrific starter business, or a good one to bolt on to your existing PM or Real Estate business. The owner is looking to retire after 38 years in business. The current book is 23 residential doors. Operations are run with part-time hours from the owner, and part-time hours from an employee. Most of the regular property maintenance is handled by a local handy-person.

This business is not dependent on a physical storefront. It could be run out of your home. (Home Based)

At one time, the owner was managing 75 doors as well as managing a full-time Real Estate Brokerage business. A number of years back, when management agreements came up for renewal, the decision was made to downsize to an easier number of doors to manage. The PM door count can easily be added with active marketing.

 

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