Profile: Profitable Property Management Biz.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Steve Peters, Broker
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| Primary Phone: |
951-415-2939 |
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| Alternate Phone: |
951-273-1126 |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
10/23/09 |
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| Date Last Revised: |
10/23/09 |
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| BizBen Ad #: |
149756 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$250,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$739,803 |
| Annual Adjusted Net: |
$93,013 |
| Price Range: |
$100,001 to $250,000 |
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| Franchise: |
No |
| Relocatable: |
Yes |
| Home Based: |
No |
| Real Estate Included: |
No |
| Bkr To Bkr Coop: |
Call |
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Description:
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Seller Started This Business In 2003, But Due To Divorce Is Letting It Go. Over Time, Additional Properties Have Been Added To The Portfolio To Increase The Revenue And Profit Opportunity. If You Are Comfortable Talking To People And Can Be Creative To Develop A Target List, You Should Do Well With This Business. The Business Manages Property As Rentals To Vacationers. Why Stay In A Hotel, When You Could Rent A House For The Week, And Enjoy The Comforts Of Home? The Majority Of The Booking, Billing, And Marketing Is Done Via The Web Site. Additionally, Some Footwork Is Needed To Inspect Properties And Meet With Property Prospects. This Is A Great Business For You If You Want A Business That You Can Build, Or A Supplemental Income You Can Add To Your Current Job. Seller Is Spending Approximately 30 Hours Per Week On The Business, With The Majority Of Those Being Flexible (Responding To Email, Managing Payments, Etc). Call For Details On This Fantastic Opportunity!
General Information
Facilities (Home Based): This Is A Home Based Business With A Substantial Amount Of The Work Done Via The Internet.
Competition: The Market Is Good For This Type Of Property Management. The Basis Is Vacation Rentals, And The Locations Of The Properties Produces A Consistent Consumer Base. Return Clients Are An Asset To A Business Like This, So Developing The Database Is Important.
Growth And Expansion: The Seller Has Developed A Portfolio While Living Out-Of-State, So Imagine A Local Owner's Perspective. The Growth Opportunity Is Enormous With Property Prospects From San Diego To San Luis Obispo! Additionally, Seller Has Been Paying Operations Fees To Independent Contractors. These Fees Could Be Retained By An Owner/Operator.
Support/Training: Seller Lives Out-Of-State, So Live Training With Be Difficult. Seller Is Confident In Internet Training As Well As Phone Training. Seller Is Also Semi-Absentee, So One Particular Key Employee Will Help Substantially.
Reason Selling: Divorce
Year Established: 2003
Employees: 3 Ic
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Steve Peters, Broker at 951-415-2939 or 951-273-1126 |
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