Property Management
Location California,United States
Asking Price Range < $250K
Gross Revenues $210442
Net Profit / Cash Flow $81237
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2007
Number of Employees 4 - 5
Inventory 3000
Relocatable Yes
Number of Employees 4 - 5
Real Estate Leased
Training 80 Hours over 2 month span
Reason for Sale Retirement
Description This is a profitable residential real estate property management company. The owner has decided to retire and sail off into the sunset. The current portfolio is strictly residential real estate properties. The properties under management are primarily located in northern Los Angeles County. Currently there are approximately 130 residential properties under management. The Business requires a real estate broker's license to operate. The ideal buyer will have property management experience or already have an existing portfolio. The current lease for this business is about to expire; therefore, it is a perfect opportunity to either negotiate a new lease or move to a more favorable location. The books for this business are very clean and verifiable.
This profitable business will sell quickly. Please call Sergio Delgado at 619-335-8874 to fill out our NDA and Personal / Business Financial Statement and receive additional information about this business. Don't miss this opportunity to increase your current portfolios value.
Asking Price: $240,000
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