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(home Based) Long Term Residential Property Firm
Location: United States -> New Jersey -> Paterson
Industry: Real Estate > Other Real Estate




Business Summary

For Sale: This is home-based business. Cash flow represents adjusted net profit in 2023. The sale price includes all office supplies and advanced technology systems. Revenue increased 19% over last year. This local long term residential real estate business is available. Pre-approved property leads are available and provided by the corporate office. Accounting and bookkeeping are in place. The owner manages all aspects of this business including finding and screening new tenants, processing rent payments, property inspections, repairs, and evictions. The revenue and net profits are very predictable and recurring. This business is being run from a home-based office and could be run semi-passively. Thirty four percent of all U.S. properties are rented and fifty percent of all these units are handled by property management companies.
The business has unlimited growth capacity depending on the new owner's time commitment. This office is partnered with a well-established national brand. No prior real estate experience is needed. Customized property management software plus full training along with ongoing corporate support are included. Contact Peter for detailed information about this business at 404-915-9685.
Asking Price: $204,990


Financials

Asking Price Range:  < $250K
Gross Revenues:   $405,300
Cash Flow:   $166,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  Includes FF&E.
Seller Financing:  Not Disclosed

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Yes
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Full training and support will be included.




Print Listing Id: 700399155


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Related Searches: Commercial and Residential Real Estate Brokers  >  Mortgage Brokers  >  Title and Escrow  >  Other Real Estate  > 

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



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