Property Management Company W/ 200 Doors!
Not Disclosed, CA Placer County
Northern part of state
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- RE: Property Management Company W/ 200 Doors!
- Contact: Michael Floorman
- License #: 01160661
Quick Facts
| Asking Price: | $1,900,000 | |
| Annual Revenue: | $1,047,592 | |
| Net Profit: | $545,708 | |
| Cash Flow: | $545,708 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1985 | |
| Employees: | 4 | |
| BBN Listing #: | 983609 | |
| Broker Reference #: | SA11555 |
Business Overview:
This well-established property management business has been successfully operated by a dedicated team for over 30 years. Specializing in managing single-family homes and small multi-unit residences (ranging from 2 to 12 units), the business emphasizes proactive home maintenance to preserve and enhance property values for investors and owners preparing for future sales. Currently run by remote employees, with owner involvement only as needed, the business consistently generates over $900K in revenue and $500k in SDE. SA11555
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Property Features and Assets:
The amounts shown as Revenue and Cash Flow are for 6 months ending December 2024
The Current lease is month to month, Rent $250,000
Licenses: Real Estate Broker's License, City Permits
Hours Monday through Friday from 9 am to 5 pm
Reason for Selling:
Other venturesAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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