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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   Illinois Businesses For Sale Categories   >>   

Established 20 Year Property Management Firm

Location  Illinois,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $1224388
Net Profit / Cash Flow  $221567
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1992
Number of Employees  10 - 19
Inventory  30000
Relocatable  Yes
Number of Employees  10 - 19
Real Estate  Owned
Reason for Sale  Retirement
Description  This property management firm is one of the leading providers of association management services in Chicagoland. The business has a 20 year history of growth and profitability. Currently they manage sixty associations comprised of approximately 5,700 units. The focus is on condominiums and townhomes though they do work with a handful of single family home associations. The business has an excellent reputation for customer service which has resulted in excellent retention of associations. Its professional staff is well-trained with years of experience in financial management and property maintenance. The seller is active in the day-to-day management of the business and has been a forward thinking manager incorporating technology and best practices into the business. Increasing marketing activities and expanding the geographic market served should grow the business top-line and bottom-line. The business has been prequalified for SBA financing with favorable terms.
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