Hot Listing
Established Property Management Company – Growth Potential
Business Description
This Los Angeles Area property management company focuses on leasing and managing single and multi-family residences. The well-established firm represents approximately 260 homes, providing its owner a stable recurring client base. The business is deemed to be relatively low maintenance, with staff to manage accounting and bookkeeping, and an estimated 1-3 potential new client calls per day.
About the Business
- Years in Operation
- 33
- Facilities & Assets
- This business operates out of 1,500 – 1,600 square foot office that is comprised of 4 rooms with a large reception area that leases for $2,431 per month. All of the company’s furniture, fixtures, equipment, goodwill and licensed property management affiliation.
- Market Outlook / Competition
- Strong competition exists in the competitive residential property management industry, however this business has a unique competitive advantage due to its unparalleled national search engine optimization (SEO) presence that is a result of the larger organization the company is affiliated with. This enterprise has established a solid foundation of clients that provide it a stable recurring revenue base.
- Opportunities for Growth
- Tremendous upside potential exists for a sales-oriented owner-operator that wishes to maximize their return on investment, integrate an in-house maintenance and repair staff, and aggressively promote their services and bolster the numerous avenues for additional service fees. New management may also wish to cultivate cross-promotion and referral relationships with the real estate community.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,600
- Rent
- Not Disclosed
About the Sale
- Seller Motivation
- Personal
- Transition Support
- Seller will train for 2 weeks at 20hrs per week
- Financing Options
- Seller may consider a small secured carry to facilitate SBA loan.
Listing Info
- ID
- 2347100
- Listing Views
- 3691
Listing ID: 2347100 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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