SOLD: Property Management


SOLD: Property Management

Growth Opportunities - Recurring Revenue

REF# 3225


Very Profitable



$1,049,000

Missouri


Detailed Information

Years 2019 2020 2021 (Proj)
Gross Revenues toottip $917,459 $774,996 $900,000
CASH FLOW - DE toottip $335,692 $162,558 $337,486
Years 2019 2020 2021 (Proj)
Gross Revenues $917,459 $774,996 $900,000
CASH FLOW - DE $335,692 $162,558 $337,486
FF&E toottip Included $75,000
Real Estate toottip Not Included
No of Employees Owner - 1 / FT - 10 / PT - 4
Established 10
FF&E toottip
$75,000 (Included)
Real Estate toottip
(Not Included)
No of Employees
Owner - 1 / FT - 10 / PT - 4
Established
10
Facilities
Freestanding office and warehouse, well located
Support Training
Seller will assist in a smooth transition
Reason for Selling
Other business interests

Business Description

    This growing Property Management Company specializes in HOA and Commercial Property Management in Central Missouri.  They currently have multiple condominium complexes as clients. Contractual management revenues and profitable maintenance income continue to grow.  The company also has the ability and resources to add short term rentals to their business model to support additional growth to their average yearly earnings of $300,000 +/-.

    Currently owner-operated, the staff is professional, experienced, and dedicated.  Key qualities of the business and the staff include service, planning, and sales ability.  Revenue and SDE are based on 2018, 2019, 2020 tax returns and YTD 2021 figures. The owner will support a new owner through the transition period.

    This is a great business for a new owner wanting to be independent of the corporate world.  A chance to own a small business that one can be proud of as well as enjoy working in while living at the lake!

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      Steve Nurnberg- Kingsley Group Business Brokers of Springfield Missouri

      Steve Nurnberg Kingsley Group


    Your Business Sales, Mergers & Acquisitions Specialist