Jim Span, Business Broker
The Chase Group
Established Property Management Company for Sale
Asking Price: $ 799,500
Location: Riverside County
Down Payment: $ 799,500
Total Sales: $ 512,000
Discretionary Earnings: $ 170,000
A great opportunity to acquire a large portfolio of stable single family home management Co. Established and respected in the area for decades. Employee operated and ran. Owner is retired. Many income streams and opportunities for established management company that’s looking to grow through acquisition. Large civil and military clients that use management services to either rent or have their home rented. Managed homes are in a 10-15Ml “radius” with exception to few that are outside the radius. Most of Co. growth comes from word of mouth.
Owner is agreeable to reasonable terms. Account receivables and cash on hand is not included.
Location:Murrieta Hot Springs, CA
Real Estate:OwnedNot included in asking price
Furniture, Fixtures, & Equipment (FF&E):Included in asking price
Facilities:Two stories with offices.
Competition:Plenty of competition/Business established for decades
Growth & Expansion:Consolidation of duplicate services. Advertising.
Support & Training:as needed
Reason for Selling:RETIREMENT