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  • RE:  Residential Long/Short Term Prop. Management: CA
  • Contact:  Peter V.

Quick Facts

Asking Price: $198,000
Annual Revenue: $402,000
Net Profit: Not Disclosed
Cash Flow: $166,500
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 2
BBN Listing #: 981923
Broker Reference #: VPM2

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Business Overview:

A local residential real estate business is for sale. Cash flow represents adjusted net profit in 2023. The sale price includes all office supplies and advanced technology systems. Revenue increased nearly 20% over last year. 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.

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Property Features and Assets:

Contact for detailed information about this business.

Market Competition and Expansion:

Highly regarded name in the industry. High demand allows for long-term growth of this business.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is a franchise resale opportunity

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