Property Management Company

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Asking Price:
$299,000

Gross Revenue:
$875,000
Cash Flow:
$93,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

This full service, franchised, property management company provides tenant placement services, rent collection, inspections, maintenance, evictions and more. They specialize in the residential market.

The company has great, long-term relationships with its clients (property owners) and all clients are on a signed contract. There are multiple revenue streams from the more than 100 clients.

The rental market in Indianapolis is strong and is forecasted to remain robust. The business has a good management team in place that allows the owner to focus on growing this business and operating other non-related businesses.

The new owner will need to have a real estate license or be willing to obtain one shortly after the sale. The seller will assist in financing for the right buyer.

About the Business

Location:
Indianapolis, Indiana
Year Established:
2014
Number of Employees:
6
Real Estate:
Leased
Building Sq. Ft.:
2,000
Rent:
$2,700.00 Per Month
Facilities:
The business leases a 2000 square foot office.
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About the Sale

Reason For Selling:
Other business interests
Training/Support:
The seller will ensure full training and complete transition support.
Seller Financing:
The seller will consider financing a portion of the transaction.

Listing Info

ID:
1639043
Ad Detail Views:
0

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Business Listed by

Troy Frank

Indiana Equity Brokers

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