500 Door Residential Property Management Firm - San Diego High MRR!

San Diego, CA (San Diego County) (Relocatable)

Seller Financing Available
500 Door Residential Property Management Firm - San Diego High MRR!

Asking Price:$325,000

Cash Flow:$84,631

Gross Revenue:$322,706





500 Door Residential Property Management Firm - San Diego High MRR!

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Business Description

500 Door Residential Property Management Firm - San Diego High MRR!

Please dial extension #644 if you decide to call us at (800) 985-4939 so you can be routed correctly. Thanks!

Relatively concentrated book of property management clients within San Diego County, bulk of it is concentrated within a 15 mile radius of the parent office. Includes, trade name, book of accounts, company tangibles & intangibles included and is fully staffed. Seller's largest client represents less than 10% of the book value, has been active for 1 year and they just renewed so this book is fairly diversified and rock solid. Providing HOA's & residential management primarily, only one office building, collections, escrow services, this full service high quality firm delivers for the customer and has a strong retention percentage. In a building with a killer $1 PSF and 2,400 feet with space to roll in an additional 4-5 people comfortably if a buyer wants to relocate to a great spot and bring everything under one roof. NDA is required for additional insight into the book and to schedule a conference call with the Seller to explore further. CONFIDENTIAL SALE!

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Perfect roll-up opportunity or bring your organization to the Seller's space that is prime office space with below market lease terms.
Competition is out there, one is constantly being shopped around but the firm provides excellent service while still preserving margins.
Growth & Expansion:
Cross sale opportunity to expand to other services not provided by the current ownership. Also hire an in-house handyman service so you could add additional gross and net revenues to the operation.
$225k cash down, $2,219.71 per month for 50 months, includes 5.0% interest!
Support & Training:
As needed to effect a smooth transition.
Reason for Selling:
Other business interests.

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Rick Carlson

Business Listed By:
Rick Carlson

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