Hot Listing

Under Contract Property Management Company

Sale Pending

Asking Price$275,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$401,467

InventoryNot Disclosed

FF&E$5,000
Included in asking price
Real EstateNot Disclosed

listing imageSave
Hot Listing

Under Contract Property Management Company


Sale Pending

Asking Price$275,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$401,467

InventoryNot Disclosed

FF&E$5,000
Included in asking price
Real EstateNot Disclosed

Business Description
This Property Management company, located in Coral Springs, Florida has been serving Broward County for over 40 years under the same ownership. They specializes in the administration of condominium and homeowner associations. The company offers a comprehensive suite of services designed to ensure the efficient operation and maintenance of residential communities. There is a Manager with a CAM license that will stay on post-closing. Buyer must have CAM license .
Established in 1986, with 31 associations and a total of 1,333 units under management with the average client relationship of 20 years.
SERVICES PROVIDED:
Financial management, encompassing budgeting, accounting, and the collection of association dues.
Coordination of maintenance for common areas, janitorial, landscaping, Land structural repairs.
Vendor management and negotiation of contractual agreements.
Ensuring compliance with local, state, and federal regulations.
Facilitating resident communication and support, including the organization of meetings and the distribution of official notices.
About the Business
Years in Operation
40
Employees
5 Full-time
Currently Relocatable
Yes
Market Outlook / Competition
Current success is based on referrals and word of mouth.
Opportunities for Growth
Leverage existing historical goodwill to add customers via geographic market expansion. • The market for short-term rentals is growing rapidly. • By providing a customized menu of services focusing on the unique needs of HOA boards, such as financial management and resident relations.
About the Sale
Seller Motivation
Retirement
Transition Support
3 weeks
Listing Info
ID
2498638
Listing Views
506

Contact Seller

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Business Listed by: Capital Solutions CAPITAL BUSINESS SOLUTIONS

Listing ID: 2498638 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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