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Resort Area Property Management

Destin Fort Walton Area, Florida (Santa Rosa County)

Services - Other Miscellaneous services | Services - Other Business Services

Asking Price $199,000 Inventory  
Gross Income $404,000 Real Estate  
Cash Flow $90,909 Year Established 2003
FF&E N/A Employees 3

* included in the asking price

** not included in the asking price

Northwest Florida business for sale. Located in one of the Emerald Coast s most pristine beach communities. This property management and leasing company specializes in short term leasing of beach front houses and condominiums and also has a number of long term rental properties under management. With nice offices adjacent to the beach, a trained staff in place and 81 properties under management this is a perfect opportunity for a new owner to step into a lucrative business making over $400,000 in rental commissions per year. This is a good SBA loan candidate with a great track record and full documentation. Owner benefit for 2009 will be over $90,000 and will only go up as the economy recovers.

Facilities: 1200 square foot facility adjacent to beach $1,810.50 / month

Support/Training: Transition training included in sale

Reason Selling: owner retiring

Business For Sale By

Mike Goleno

850-650-4681

Sunbelt Business Brokers of Northwest Florida

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