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BUSINESSES FOR SALE

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.

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Hoa Management Company For Sale

Location  Texas,United States
Asking Price Range  $250K - $500K
Gross Revenues  $85176
Net Profit / Cash Flow  $83076
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2009
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  As required
Reason for Sale  Owner to pursue other opportunities
Description  This is a great opportunity to purchase a well-established HOA Management company with several properties in an extremely desirable and growing neighborhood. The company provides full-service administrative, financial, physical property and management support for five condominiums, mostly mixed-use, with a total of 257 units! The seller has an excellent relationship with the property owners based upon years of outstanding and trustworthy service. All of the contracts renew automatically on an annual basis, so revenue is stable. The owner will agree to stay on in an advisory capacity for up to six months to ensure a smooth transition.. This is ideal for an existing company interested in expanding their current portfolio or for someone looking to break into the industry. The company has a well-designed website but does not advertise and business has mostly come by referrals. There is potential to expand the business with advertising and also by establishing itself in the neighborhood, which is an epicenter for active condominium development. This business can easily operate from home, an executive suite or small office space as well as integrate into any existing workplace. Asking price is only $250,000!
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