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Property Management Co W/ Recurring Revenue For Sale

San Diego, California - South
Asking Price:
$595,000 (USD)
Sales Revenue:
$846,757 (USD)
Cash Flow:
$176,828 (USD)

Business services three categories including HOA Account Management, Property Maintenance and Traditional Property Management. Business began in 2004 and services Central, South, and East San Diego County. The company has management contracts with over a hundred San Diego area condo owners, located in mostly multi-unit HOA buildings. The company's mission is to make the management of property as effortless as possible, whether the client needs full service association management, accounting services, assistance finding and managing tenants, or property restoration and maintenance. Stable year over year revenue with over $845k gross sales and $176k in discretionary income in 2018.

Property information

Real Estate:

Lease

Lease Terms:

Lease Ends 10/2020

Leasehold Rent:

$2,445 (USD) per annum

Size in square feet:
1,087

Business Operation

Reasons for selling:

Family

Trading hours:

M-F 8:30am-5pm

Employees:
8 FT
Years established:
2004

Other Information

Support & training:

2 Weeks

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$500,000 Down Payment, Balance Seller Carry Note for 36 months at 6% interest.

Contact Information

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