Colorado HOA Management Company
Business Description
A thriving HOA management company is currently available for purchase.
The management portfolio encompasses a diverse range of properties, including condominiums, townhomes, single-family homes, and commercial real estate. Most operations are handled remotely, with only a small fraction necessitating face-to-face meetings. The monthly management fee is set at $7,859.30, supplemented by variable income from services such as status letters, collection letters, and violation notices.
The asking price is firm, and the owner is open to waiting for the ideal buyer. Additionally, the owner is willing to finance $30,000 over a 12-month term at an interest rate of 6% per annum. The purchase price has been calculated using the average multiplier method and is positioned below the business’s valuation, making it an attractive opportunity.
This business operates within the service industry and does not involve any real estate assets. Access to further details is available upon signing the attached NDA. For more information, please reach out to buyhoabiz@mail.com
The management portfolio encompasses a diverse range of properties, including condominiums, townhomes, single-family homes, and commercial real estate. Most operations are handled remotely, with only a small fraction necessitating face-to-face meetings. The monthly management fee is set at $7,859.30, supplemented by variable income from services such as status letters, collection letters, and violation notices.
The asking price is firm, and the owner is open to waiting for the ideal buyer. Additionally, the owner is willing to finance $30,000 over a 12-month term at an interest rate of 6% per annum. The purchase price has been calculated using the average multiplier method and is positioned below the business’s valuation, making it an attractive opportunity.
This business operates within the service industry and does not involve any real estate assets. Access to further details is available upon signing the attached NDA. For more information, please reach out to buyhoabiz@mail.com
About the Business
- Years in Operation
- 2
- Currently Home Based
- Yes
- Facilities & Assets
- This business operates within the service industry and does not involve any real estate assets. Access to further details is available upon signing the attached NDA. For more information, please reach out to buyhoabiz@mail.com
- Market Outlook / Competition
- Based in Colorado, the HOA management company generates approximately $138,000 in revenue, with significant potential for expansion. The distinctive business model not only differentiates it from competitors but also attracts regular inquiries for adding new homeowners’ associations to the portfolio.
About the Sale
- Seller Motivation
- The owner has decided to shift their focus to other business ventures.
- Transition Support
- Owner will consider 3-6 months consulting during transition
- Financing Options
- Will carry $30,000 for 12 months at 6% annum
Listing Info
- ID
- 2412259
- Listing Views
- 22
Attached DocumentsAttachment Disclaimer
Listing ID: 2412259 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. See our full Terms of Use. Learn how to avoid scams.
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