Contact: Bob Brooks At 408-246-3846 Cell , 408-246-3846 Text - Also Email This Contact Below
Asking Price: $1,200,000 Down Payment: Call / Email
Annual SDC: Call / Email
Annual Gross: $1,547,115
Attributes: Broker-Broker Coop, Training & Support
This Monterey Bay Area company has been providing management services for Homeowner's Associations for over forty years. The company manages over 50 HOA's with more than 2,250 doors.
It offers HOA's a wide range of services from full-service management to financial only services depending on their needs. Services offered include dues assessment and collection, vendor payments, annual reserve and budget development, tax and regulatory compliance, meetings logistics and note taking, board of directors' reports, 24/7 after hours emergency phone response, delinquency collection, escrow services and much more. While management fees have shown an annual increase of 8% since 2018, income from the extra services the company provides has more than doubled in the same period.
Even though the company has been doing well, the owner has an opportunity to participate in an out of the state venture and has decided to sell the business.
To get more information about this HOA Management Company - Long Established business for sale in
Monterey Bay Area please phone Bob Brooks (Agent - BRE License #:02104578) at 408-246-3846 Cell and 408-246-3846 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #266908 on BizBen.com. In addition to phoning
Bob Brooks, make sure you email Bob Brooks above to get more info about this
HOA Management Company - Long Established, to ask any questions or request an appointment to see this
business for sale. Thank you.