773.243.1603
773.243.1603
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Listing ID:3N897

Sold – Property Management Company

Sold

This seven year old property management firm provides management, accounting, and maintenance to condominium, townhome, and commercial and medical properties.

This firm currently has 12 service contracts and has maintained strong long-term relationships that have created a stable business. The business has 1-2 year service contracts with each of its clients and the business regularly receives referrals from customers and contacts.

The seller would like to merge with an established firm or active investor. The property manager would like to focus on continuing to provide high quality service to his existing customers and growing the firms after the merger.

Transcation Details

  • Location

    USA, DuPage and Kane Counties, Illinois

  • Results

    78 Inquiries
    25 Showings
    7 Offers

  • ESTABLISHED IN

  • Real estate Included

  • Full-Time Employees

  • Franchise

  • Industry

    Real Estate

  • Reason for Selling

  • Inventory Included

  • Part-Time Employees

  • Business

    Sold – Property Management Company

  • Acquirer

    Investor

  • Annual Revenue

    $224,284

  • Annual Cash Flow

    $109,819

  • Seller Financing

  • SBA Financing

  • Listing Price

    $230,000

  • Acquisition Highlights

    o Existing Service Contracts

    o Recurring revenue

    o Experienced Property Manager

    o Established seven years

Domenic Rinaldi, CBI