Property Management Company that has been established since 1967. This highly trusted and reputable company manages approximately 50 properties in the 7 county metro areas. Approximately 70% of revenues are Condominium Associations and 30% of revenues are Townhouse Associations. Contracts signed are from 1-3 years with the Homeowner Associations. The employees are true trade professionals, and are very responsive to their clients. The owner does work the business. Owner is willing to work with a new owner after the business is sold to insure a smooth transition. Hours of operation are 8:00a.m. – 5:00p.m., Monday – Friday.
Property Management Business – SOLD
Asking Price: | 1,000,000 |
Categories: | |
Posting Date: | 10/31/2017 |
Gross Sales: | 900,000 |
Cash Flow: | 336,000 |
Facility: | This business operates in an office building, 1,367 sq. ft. facility. The base rent is $1,122.50 a month. The business is not location dependent and can be relocated. Their lease expires in five years, though moving the business is not a problem. |
Employees: | 9 |
Listing ID#: | 8104 ps |