Property Management Company- SOLD
Location: Arizona > Pima County > Tucson
Industry: Real Estate > Other Real Estate
Financials
Asking Price: $550,000
Gross Revenue: $549,718
Gross Revenue Comments: Full year 2006
Cash Flow: $165,924
Cash Flow Comments: 12 month 2006
FF&E: $34,000 (Included in Asking Price)
Seller Financing: Seller will carry a note for a qualified buyer with sufficient down payment.
Business Summary
This is a full service licensed property management and real estate sales company located in southern Arizona. The business has an excellent reputation with many longtime clients. Owner/Designated Broker is retiring. Buyer will need an AZ Brokers license or can hire a licensed Designated Broker to fill that roll. Seller will assist buyer in the transition of the business and may be willing to stay on for a limited period of time as an agent after the sale if buyer so desires.
About the Business
Year Established: 1992
Employees: 7 full time -
Facilities: 1,200 square feet in upscale office building on major road.
About the Sale
Management Training and Support: Seller will train as needed for a resonable period of time.
Reason For Selling: Retirement
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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