Property Management Resale

Cary, NC (Wake County)

Property Management Resale
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Asking Price: $199,000

Cash Flow: $75,000

Gross Revenue: $135,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2014

Property Management Resale

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Business Description

The residential real estate market is a multi-billion dollar industry as is the commercial real estate market. This family established and owned property management has created plentiful opportunity in both the residential and commercial markets.

This business is within a mature market, not saturated and growing and absolutely recession proof. And due to reoccurring revenue, net profits are predictable and scalable.

This business runs Monday- Friday.

Detailed Information

Employees:
2
Facilities:
This office is run from a home with 2 employees working remote.
Competition:
There are a few competitors in town.
Growth & Expansion:
There is extensive growth opportunity due to the affluent area and large target market.
Support & Training:
Owner is willing to train for 3 months to help with transition.
Reason for Selling:
Owner is looking to start a new business
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Michael Zicchinolfi

Business Listed By:
Michael Zicchinolfi

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