Well-Established Property Management Firm

Colorado Springs, CO (El Paso County)

Well-Established Property Management Firm
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Asking Price: $855,000

Cash Flow: $225,970

Gross Revenue: $1,616,082

EBITDA: N/A

FF&E: $40,000

Inventory: N/A

Real Estate: N/A

Established: 1994

Well-Established Property Management Firm

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Business Description

Well-Established Property Management Firm - This property management company is one of the oldest in the Colorado Springs, Colorado area. It has a large and diversified client base that includes homeowner associations and individual property owners. Both the company and the industry, in general, have a long history of being recession resistant, due to its recurring monthly revenue. The company has a strong brand name in the marketplace. Highlights include well-established relationships with clients and a well-trained and experienced staff.

This firm should be an appealing acquisition candidate for: 1) an already established property management company looking to grow; 2) a real estate brokerage firm wanting to expand its line of services; or 3) a qualified individual with appropriate experience. The real estate is available to purchase for $350,000. Contact Ron Brasch.

Detailed Information

Location:
Colorado Springs, CO
Real Estate:
Owned
Building SF:
N/A
Employees:
16
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
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Ron Brasch

Business Listed By:
Ron Brasch

The FBB Group, Ltd.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in The Colorado Association of Business Intermediaries (CABI).


Sponsoring Broker:
Ron Chernak

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