New Orleans Long-Term Residential Property Firm Business: Home Based

Asking Price$204,999

Cash Flow
$166,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$405,300

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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New Orleans Long-Term Residential Property Firm Business: Home Based


Asking Price$204,999

Cash Flow
$166,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$405,300

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Cash flow represents adjusted net profit in 2023. The sale price includes all office supplies and advanced technology systems. This is currently being run home-based. Revenue increased 19% over last year. This local long term residential real estate business is available. 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.
About the Business
Years in Operation
10
Number of Employees
3
Facilities & Assets
Includes FF&E. Contact for detailed information about this business.
Market Outlook / Competition
Excellent name in the industry.
Opportunities for Growth
High demand allows for long-term growth of this business.
About the Sale
Transition Support
Full training an support will be included.
Financing Options
Third party financing is available.
Listing Info
ID
2375380
Listing Views
688

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Business Listed by: Michael Drezner Drezner & Drezner

Listing ID: 2375380 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.