Hot Listing
Profitable Property Management in Utah’s Top Markets
Business Description
This established property management company operates across multiple high-demand rental markets in Utah. Since its founding, the business has built a strong reputation and portfolio, offering a full suite of services for short-term, mid-term, and long-term rentals.
Financial performance has remained robust with revenue growing from $1.93M in 2022 to a projected $2.38M in 2025, supported by consistent gross profit margins above 80%. EBIT has ranged from $33K to $45K, while Seller’s Discretionary Earnings have reached $157K–$229K, demonstrating healthy operational cash flow.
The business navigated the challenges of COVID-19 with resilience, experiencing rapid recovery and full forgiveness of its PPP loan. A temporary dip in 2024 was due to a one-time write-off for remodeling and furnishing a larger property, positioning the company for long-term growth.
Financial performance has remained robust with revenue growing from $1.93M in 2022 to a projected $2.38M in 2025, supported by consistent gross profit margins above 80%. EBIT has ranged from $33K to $45K, while Seller’s Discretionary Earnings have reached $157K–$229K, demonstrating healthy operational cash flow.
The business navigated the challenges of COVID-19 with resilience, experiencing rapid recovery and full forgiveness of its PPP loan. A temporary dip in 2024 was due to a one-time write-off for remodeling and furnishing a larger property, positioning the company for long-term growth.
About the Business
- Years in Operation
- 6
- Market Outlook / Competition
- This Utah-based property management company stands out in competitive rental markets with a diverse portfolio spanning vacation, corporate, and long-term rentals, supported by a hands-on approach and advanced technology. Its comprehensive services, experienced contractor network, and strong client loyalty give it a clear edge over smaller, niche competitors.
- Opportunities for Growth
- This property management company is well-positioned for expansion with established systems, a proven contractor network, and a strong brand presence in Utah’s most desirable rental markets. Significant opportunities exist to grow revenue through portfolio expansion, entry into additional regional markets, and continued demand for both short-term and long-term rentals.
About the Sale
- Seller Motivation
- Family Relocation
- Transition Support
- 16 weeks (extension available)
Listing Info
- ID
- 2424017
- Listing Views
- 65
Listing ID: 2424017 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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