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Ai Enabled Property Management Software System
Location: United States -> California -> Southern California - Los Angeles Area -> Los Angeles
Industry: Technology – Internet Related > Other Technology – Internet Related




Business Summary

Property Management Software Company that is easy to use and affordable. This software collects all tasks required of property managers into one central dashboard and automates the repetitive aspects including accounting.

The Company's offering is different from other software companies in that it is built using the newest technology and solves problems that were previously not able to be solved, with the flexibility users need and at price points that are affordable for all investors�.from single property owners to REIT portfolios.
By collecting all tasks required of property managers into one central workspace or dashboard, the Company's software truly can automats the management process: with an intuitive dashboard and a set of features and tools that automate and record all activities, the user can manage residential and all types of commercial properties.

The business model is Service as a Software (SaaS) selling monthly subscriptions which are charged based on the number of units under management. The software also offers pay-per-use features which are charged individually as they are used. Pay per use items are tenant screenings, esign and paid advertising for vacancies and for sale properties. The model is to charge the customer, not the tenant for these services.

NDA is required to secure the comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: Virtual - No facilities are included in this transaction.

Competition: There are competitors who use the pricing model of charging tenants for rent collection and other features thus boasting that their software is free to landlords and property managers. In a company survey done in 2014, it was found that tenants generally do not want to rent from managers who charge them for software. The Company makes the case for raising the rent by $4.50 per month for new users of software to cover the cost of the software without the tenant kn


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $10,592
Cash Flow:   $4,984
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2004
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned

About The Sale

Management Training and Support:  To ensure a smooth transition and ongoing success the Sellers will work with a buyer/investor for up to 6 months or as negotiated.
Reason For Selling:  Continue with other business interest and travel.




Print Listing Id: 700395018


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Related Searches: Application Service Providers  >  E-Commerce and E-Tailers  >  Internet Service Providers  >  Web Design and Software Development  >  Other Technology - Internet Related  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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