Property Management & Real Estate Brokerage Co.

Montgomery County, OH

Property Management & Real Estate Brokerage Co.
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Asking Price: $330,000

Cash Flow: $108,000

Gross Revenue: $321,000

EBITDA: N/A

FF&E: $9,000

Inventory: N/A

Real Estate: N/A

Established: 1994

Property Management & Real Estate Brokerage Co.

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Business Description

Full service multi-family real estate brokerage and property management company. They specialize in the management of single family homes, smaller apartment buildings and condominium associations. Additionally, they provide brokerage services for buying and selling of single family homes and multi-family investment properties. Buyer should have an Ohio Real Estate Sales license as a minimum. A Brokers license would be ideal.

Detailed Information

Real Estate:
Owned
Building SF:
998
Employees:
1 Plus 2 Owners
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Office condo area. Units are owned by small business owners with 3 – 4 offices per condo. Floor 1 is 988 Sf, with the same footprint in the storage basement. Real Estate Available for Purchase at $92,500 in addition to the business at $330,000. There is a lease option if a buyer would want to use the existing office space for $1,200 per month plus a Security Deposit of $1,000.
Growth & Expansion:
Business offers a buyer many opportunities for future growth. For an existing property management company, they offer the opportunity to expand their footprint in the Dayton, Ohio market. For a real estate brokerage company that wants to diversify their operations, they offer additional revenue sources, i.e. property management, leasing, additional sales and property maintenance service opportunities.
Financing:
Seller will consider to qualified buyere
Support & Training:
Seller available to train and support new owners.
Reason for Selling:
Owners are retiring.
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Roland Rapp

Business Listed By:
Roland Rapp

Sunbelt Business Advisors of Miami Valle

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Sponsoring Broker:
Gerry Chadwick, CBI

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