Very Profitable Property Management Company

www.GlobalBX.com

Listing ID: 700364779

Listing Title: Very Profitable Property Management Company

Quick Link: http://www.globalbx.com/listing.asp?bId=364779

Industry: Real Estate

Industry Segment: Other Real Estate

Country: United States

State / Province: Dist. of Columbia

Area

City:

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $1,614,028

Cash Flow: $836,596

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1995

Number of Employees: 10 - 19

Business Description:
Executive Summary: This established Property Management business has an established track record with both residential, HOA's and commercial clients. With a solid foundation, this business has numerous opportunities to expand for the next owner. There are well-trained employees and loyal customers. In addition to the 836,000 in seller's discretionary earnings, there is approximately $20,000 in equipment value that will transfer with the business, as well. Competition / Market Outlook: While there are others in this industry, this business has a lengthy history of satisfied customers, quality service, and an outstanding reputation. While others have come and gone, this business has been stable. Growth and Expansion: The current owner relies mainly on word-of-mouth for referrals. For a new owner, some simple marketing might lead to potential expansion opportunities. The seller will train the new owner and give them some insight into how to expand the business. Reason For Sale: The current owner wishes to have an early retirement and start a family. Training: The owner will provide training as needed. Facilities: Ample-sized office space that can handle expected growth. The business could also be relocated to a different spot in the Washington D.C. area without much in the way of difficulty. Financing: The owner will consider some financing for a well-qualified buyer. Non-Compete: Yes Hours of Operation: Monday �Friday 8:30AM- 5:00 PM Employees: 10 employees Year Established: 1995 Financial Gross: $1,614,028 SDE: $836,596 Inventory: $0 Equipment: $20,000



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