Hot Listing
Texas-Based Turnkey Residential Property Management Business #2017
Business Description
Established in 2012, this well-respected residential property management firm has built a strong reputation as a trusted name in its growing local Texas market with limited competition. With over a decade of operational excellence and an established portfolio of ~230 residential homes, the business offers a turnkey opportunity for an acquirer seeking a true recurring revenue business model, stable client base, and a platform to build on.
The firm generates predictable, recurring management fees providing consistent cash flow with minimal seasonality. Operationally, the business requires minimal overhead or required office space with processes, technologies, and vendor relationships in place, resulting in profit margins difficult to achieve in other industries.
With over 10 years of goodwill, loyal clientele, and a repeatable operational model, this business presents an exceptional acquisition opportunity for adjacent market property management groups, real estate brokerages, or individual operators.
Until 2023, the company was tied to a real estate brokerage, and the companies continue to share an office space owned by the seller. The seller is open to discussing the availability of the real estate per a separate agreement, however, the business is modeled and priced as a remote-based business.
The firm generates predictable, recurring management fees providing consistent cash flow with minimal seasonality. Operationally, the business requires minimal overhead or required office space with processes, technologies, and vendor relationships in place, resulting in profit margins difficult to achieve in other industries.
With over 10 years of goodwill, loyal clientele, and a repeatable operational model, this business presents an exceptional acquisition opportunity for adjacent market property management groups, real estate brokerages, or individual operators.
Until 2023, the company was tied to a real estate brokerage, and the companies continue to share an office space owned by the seller. The seller is open to discussing the availability of the real estate per a separate agreement, however, the business is modeled and priced as a remote-based business.
About the Business
- Years in Operation
- 14
- Employees
- 3 (2 Full-time, 1 Part-time)
- Facilities & Assets
- Office building optional as part of separate transaction – ask Advisor for more details.
- Market Outlook / Competition
- Population growth in this demographic is very strong. There are only a handful of local property management companies to compete with.
- Opportunities for Growth
- Between 2013 and 2023, the area in which the business is located grew by over 200% and the subject city is growing 15% annually. In a market where 32% of homes are renter-occupied and approximately 70% of those rentals are self-managed by individual owners, property management companies continue to have a large addressable market with growth opportunities in an established operation.
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- Seller will be available for 30 days post-closing for on-boarding/transition phase.
- Financing Options
- Seller financing terms TBD
Listing Info
- ID
- 2476951
- Listing Views
- 34
Listing ID: 2476951 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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