September 26, 2022 by 0 comments
Absentee Owned Property Management Company
Location: Seminole County
Industry: Real Estate and Rental and Leasing
Listing ID: 47819179
Listing Status: New
This opportunity is for a well-established property management company with a strong reputation of serving the Central Florida area for the past 40 years! This business has a record of high profitability due to their excellent reputation, seasoned staff and unique management services.
The owner had worked absentee for the past several years and was even able to run the business while living out of the state for a period of time. The staff are very well trained and are able to run daily operations by themselves.
The business boasts a high property owner and tenant retention, allowing for recurring revenue. There is significant potential for growth through implementing marketing strategies, adding team members, or expanding service area.
Don't miss out this rare opportunity to own a business that runs itself!
Down Payment: $1,200,000
Total Sales: $839,619
Cash Flow: $280,841
FFE Included: Yes
Year Established: 1982
Owner Hours Per Week: 5-25
Monthly Rent: $2,609
Reason For Sale: Discuss with owner.
Discuss with owner.
Training & Support: 14 days