$1,400,000.00
Asking Price
Address: San Jose, 95101.
Status: Active
Posting ID: 285927
4/1/24
Description
Don’t miss this unique opportunity to own a turn-key property management company! Established in 2012, with 12 years under its belt, the Company has succeeded in building a solid and steady portfolio of over 300 doors across over 150 properties. The Company’s diverse portfolio includes small apartment buildings, unique multi-family properties, single-family homes, and condominiums. The Company does not engage in short-term rentals, vacation rentals, or HOA management. The fees charged range from 6 to 8 percent.
The Company has averaged 30% growth year over year since inception, with the greatest growth of approximately a 37% increase in doors and a 101% increase in revenue from FYE 2019 to FYE 2023. Without advertising.
However, the Principals are selective about all those the Company works with; from like-minded property owners who understand the value of proactive property maintenance and positive tenant relationships, to vendors and staff, resulting in a slightly reduced rate of growth.
A solid team of three DRE licensed agents who have made property management their career, as well as one administrative assistant, round out the team.
The area is known for its solid, stable rental market, which historically remains steady and strong, even when other nearby areas are shaky.
Prospective buyers are required to have an active CA DRE Broker’s License. It’s highly recommended that prospective buyers also own an existing property management company and/or have extensive experience working in the CA property management industry.
Don't miss out on the chance to acquire a thriving property management company with ongoing potential for growth. Take the next step in your real estate journey and become the proud owner of this diverse and well-managed portfolio.
NDA is required to secure a comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information:
Facilities: Operations are based in a centrally located building with 1,140 square feet of space under a lease that expires at the end of January 2028. Rent is $1,425 (year 1) to $1,572 (year 5) - triple on a Net Lease. The average is approximately $1,800-1,900/month.
Competition: Rapid growth over the last year proves that communication is indeed key. That other companies in the area fail to respond to calls and emails is why they do so well.
Growth & Expansion: Buyers who want to propel growth beyond the 20+ percent obtained annually can launch an advertising campaign, offer incentives, and attend industry mixers to get to know other local real estate professionals. The principals have purposely been particular about the quality of clients they have worked with. With more resources (or staff) a Seller may reduce the number of inquiries declined (without lowering standards) or consider expanding services to other communities in the County.
Financing: TBD if the deal structure and terms are acceptable.
Support & Training: To ensure a smooth transition and ongoing success the Sellers will work with a buyer directly as needed for 4 weeks and potentially further in an advisory role as negotiated.
Reason for Selling: The partners see longevity and growth as being best under a new owner or larger organization with more resources.
To get more information about this Property Management Company - High Net business for sale in San Jose please phone Rick Carlson (Agent - BRE License #:01820673) at 833-776-6682 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #285927 on BizBen.com. In addition to phoning Rick Carlson, make sure you email Rick Carlson above to get more info about this Property Management Company - High Net, to ask any questions or request an appointment to see this business for sale. Thank you. License # 01820673. ProNova Partners.
Contact
Details
Asking Price: $1,400,000.00
Down: Call/Email
Cash Flow: $425,000.00
Revenue: $825,000.00
Area: San Jose
City: San Jose
Attributes:
My Notes About This Listing
Cash flow
$46,623
Revenue
$381,554
Down
$35,000
Posting: 286109 | Available | 4/26/24
This is a rare full-service salon in the heart of a bustling neighborhood an inviting full-service salon located in a prime area close to multiple apartment buildings and hotels, in a historic location. Offering a range of luxurious services including haircuts, balayage, highlights, nails, etc.
Asking Price
$89,000
Cash flow
$219,950
Revenue
$219,950
Down
$2,900,000
Posting: 283295 | Available | 4/28/24
This Silverlake restaurant and bar with liquor, onsite parking, and excellent street visibility boasts what may arguably be the most coveted outdoor patio in the area. The venue has 3 dining areas that open into an adjacent bar and outdoor patio. The corner property is included!
Asking Price
$2,900,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 285867 | Available | 4/26/24
This is a hospice agency for sale in Burbank, Los Angeles County, California, with first license only. It must pass the second survey. The price is $175K.
Asking Price
$175,000
Cash flow
N/A
Revenue
N/A
Down
Call/Email
Posting: 286093 | Available | 4/28/24
This is an FDA Registered Manufacturing Facility for: Dietary Supplements, Food, Alcoholic Beverages, Beverages, Coffee, Tea, Dressing & Condiments. Get the chance to start a ready to go Dietary Supplement Manufacturing Facility and Co-Packing / Contract Manufacturing Facility. Huge Potential!
Asking Price
$249,000
Cash flow
$200,000
Revenue
$1,046,000
Down
$181,250
Posting: 284627 | Available | 4/23/24
New Pricing! These are ten FedEx home & ground delivery routes for sale for $725,000. Currently grossing at $1,046,000 + and has estimated adjusted cash flow of $200,000 + per year. This includes 10 FedEx delivery vehicles that are worth an estimated $313,000 and 11 employees (FT & PT) in place.
Asking Price
$725,000
Cash flow
$350,574
Revenue
$3,578,262
Down
$200,000
Posting: 285442 | Available | 4/27/24
For sale is California Co with its distribution center located in the Southwest US. It has been established for 24 years. They sell hardware products for consumers and professionals. They are a distributor/manufacturer of premium products that are sold online and through big box retailers.
Asking Price
$1,295,000
Total Investment
$200,000
Min Liquid Cash
Call/Email
Net Worth
N/A
Posting: 284296 | Available | 4/23/24
More than just a business opportunity. Own a profitable business in one of the least saturated industries in the country even if you have no experience. The thousands of people who win law suits daily are all your potential customers.
Franchise Fee
Call/Email
Cash flow
$150,374
Revenue
$694,476
Down
$32,000
Posting: 286289 | Available | 4/26/24
This long-established optical store specializes in world-class customer service and designer eyewear. They are experts on lens technology and will consult with you for the best lens for your lifestyle. Their staff care how you look. They will evaluate, the shape, color, and style.
Asking Price
$320,000
Cash flow
$79,582
Revenue
$946,806
Down
$125,000
Posting: 281196 | Available | 4/29/24
Discover the premier school uniform supplier serving Bay Area schools since the 80s! This business provides top-quality uniforms, exceptional service, and competitive prices. Whether you visit their store, attend their mobile sale events, or shop online, you'll experience superior customer care.
Asking Price
$250,000
Cash flow
$379,489
Revenue
$2,897,957
Down
$79,000
Posting: 281198 | Available | 4/29/24
For sale is a building maintenance and construction company with real estate. They had $420,000 of SDE in 2022! It has been established for 40 years. Maintenance provides recurring revenue and generates additional, high-margin construction services. Real property is valued at $1MM.
Asking Price
$799,000
Cash flow
$234,960
Revenue
$855,693
Down
$595,000
Posting: 280407 | Available | 4/29/24
Price reduced! SBA approved! This is a great opportunity to own a well-established, leading sign design & manufacturing franchise providing custom sign solutions, interactive digital signs, vehicle wraps and graphics, point of purchase, trade show and table graphics, printing services, and banners.
Asking Price
$595,000
Cash flow
$69,751
Revenue
$114,905
Down
$150,000
Posting: 280975 | Available | 4/29/24
This family business started in 1985, provides residential, commercial, and window cleaning in the area of Santa Clarita, Porter Ranch, San Fernando, and beyond. Their works cover from basic vacuuming and dusting to full range deep cleaning, tenant move-out cleaning, and building exterior wash.
Asking Price
$150,000
Cash flow
Call/Email
Revenue
$525,000
Down
Call/Email
Posting: 285786 | Available | 4/26/24
This established pizza business is known for its premium pizzas and commitment to quality. While the current owner prioritizes quality over quantity, there's ample room for a new owner to convert to their own vision. It is a prime location in a shopping center with high visibility.
Asking Price
$245,000
Cash flow
Call/Email
Revenue
$4,500,000
Down
Call/Email
Posting: 285309 | Available | 4/24/24
Situated at a prime corner spot on a bustling main block in Los Angeles, this establishment resonates with rich global influences, creating a unique and inviting atmosphere. Boasting adaptable space accommodating up to 140 guests, the venue features timeless design elements.
Asking Price
$825,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 284472 | Available | 4/24/24
This is an exceptional restaurant & banquet facility for sale! This is a full-service banquet facility with ABC Type 47 liquor license & ABC Type 58 for catering. They have a seating capacity of over 360. There is vast parking space for guests and it is easily accessible from major freeways.
Asking Price
$4,500,000
Cash flow
$180,000
Revenue
Call / Email
Down
Cash
Posting: 248011 | Available | 4/23/24
Reduced Price. Fast food free standing restaurant with drive thru. Located on a Major corner intersection on a main street. Excellent books and records. Monthly Rent: $4,000. Lease has 17 years left. Open 7 days. Sunday - Thursday, 6am - 9pm + Friday - Saturday, 6am - 10pm. Price reduced $450K.
Asking Price
$450,000
Cash flow
$400,000
Revenue
$1,100,000
Down
Call/Email
Posting: 272547 | Available | 4/26/24
For sale is a professional service company providing written translation and oral interpretation services in 200 languages for clients worldwide: government agencies, NGOs, business entities, etc. The business has an extensive team of language experts and a broad client base, and operates virtually.
Asking Price
$1,495,000
Cash flow
N/A
Revenue
N/A
Down
N/A
Posting: 286166 | Available | 4/29/24
A brand new home health agency is available for sale. The sale includes the initial state license approved by CDPH. The license is fully transferable and is approved for the following counties: LA, Orange, San Bernardino, Ventura, Riverside, and San Diego.
Asking Price
$60,000
Cash flow
300,000 plus
Revenue
$730,720
Down
Call / Email
Posting: 276160 | Available | 3/12/24
This profitable water purification supplies and services business serves the technical, hospital, medical, and dialysis industries of north/central California and western Nevada, including companies like Tesla. Established in 1997. Annual sales are projected to well exceed $600,000 in 2022.
Asking Price
$899,000
Cash flow
N/A
Revenue
N/A
Down
$139,000
Posting: 285773 | Available | 4/26/24
This hospice (first license only) is located in Long Beach, CA, away from the saturated valley. It is ready to call for the final survey, read for the 'ready letter'. It has an amazing office space with three private rooms and incredibly low rent! It has a secure office building complex.
Asking Price
$139,000
Cash flow
$175,000
Revenue
$525,000
Down
$300,000
Posting: 276123 | Available | 4/29/24
Must see a 100% wet cleaning plant located in West Hills near high-income Woodland Hills, Calabasas, and Bell Canyon. This is an 11 year-old, 1,200 sq. ft. plant, including shirt laundry. Most of the equipment is newer. No chemicals -- environmentally safe -- all work done in-house.
Asking Price
$500,000
Cash flow
$1,000,000
Revenue
$9,000,000
Down
Call / Email
Posting: 278933 | Available | 4/26/24
Earthwork construction company - grading, asphalt paving for renovation & new construction projects, plus asphalt & concrete repairs and maintenance for recurring commercial & public customers. 30 skilled employees with capable non-owner management. Extensive equipment & vehicles. 37-year history.
Asking Price
$4,995,000
Cash flow
$250,143
Revenue
$1,484,585
Down
$330,000
Posting: 278359 | Available | 4/27/24
This business has $1.48m in sales and $233k SDE. Plus, the year-over-year net income is up 83% for this 30+year-old Landscape Contractor Board licensed design, installation, and maintenance business. It has organized routed monthly maintenance contracts and a crew of 12 FTE and 6 PTE.
Asking Price
$1,649,000
Cash flow
Call/Email
Revenue
$1,000,000
Down
Call/Email
Posting: 286054 | Available | 4/28/24
For sale is a Mexican restaurant that is located inside a major shopping center with a supermarket anchor. No other Mexican restaurants in the complex & cannot open a new Mexican restaurant according to our lease agreement. There is plenty of parking. It has a beer & wine license.
Asking Price
$439,900
Total Investment
$100,000
Min Liquid Cash
$80,000
Net Worth
$100,000
Posting: 284068 | Available | 4/24/24
S.A.M offers individuals and companies of all sizes the opportunity to fulfill a passion for nurturing young minds while running a profitable and rewarding business. Our program uses the two-pillared approach of Classroom Engagement and Worksheet Reinforcement.
Franchise Fee
$25,000
Cash flow
Call/Email
Revenue
Call/Email
Down
Call/Email
Posting: 278808 | Available | 4/28/24
The established 2-year agency is located in a desirable location. This 2.1 million earned premium agency is consistent with a preferred auto/homeowner customer base with an excellent opportunity for growth in cross sales as well as life/financial services.
Asking Price
$511,450
Cash flow
$50,000
Revenue
$380,000
Down
$154,900
Posting: 284866 | Available | 4/25/24
This is your opportunity to own a Baskin Robbins ice cream store in Sunny San Diego County. Baskin Robbins is the #1 ice cream franchise in the World. The store opened in July 2017. The current owner purchased the store in January 2019. It is located in a great shopping center.
Asking Price
$154,900
Cash flow
$127,190
Revenue
$1,345,673
Down
Call/Email
Posting: 281442 | Available | 4/29/24
Enter the highly profitable outdoor recreational product space for hunters and anglers with an acquisition of this leading product importer/distributor. Included in the sale are strong transferable supply chain relationships with overseas manufacturers; loyal transferable wholesale accounts.
Asking Price
Call/Email
Cheryl's a restaurant business broker, over 25 years in the bar and restaurant industry coupled with a J.D. Cheryl works tirelessly to create successful strategies and effective negotiations for those who wish to purchase a new or sell an existing bar, restaurant, cafe, or night club. 415-309-2722
ServingCity Of San Francisco
Laundry consulting, due diligence, buyer representation: We preview laundries for you and evaluate them. 28 years laundry industry experience: buying, selling, valuing, retooling, analyzing, consulting services for laundry buyers and entrepreneurs in California. Contact us today about our services.
ServingSouthern California
For over 25 years Peter Siegel, MBA has been providing niche business purchase financial advisory and loan placement services with SBA Loans, Non SBA Financing, Retirement Plan Conversions, Note Restructures, etc. Call me regarding business purchase financing and to get pre-qualified: 925-785-3118.
ServingNationwide - All Areas
If your business involves alcoholic beverage sales, we can help. Obtaining a liquor license transfer or selling a business with a license in California does not have to be a frustrating and overwhelming process. We have procured thousands of licenses for our clients.
ServingAll Of California
McGovern Escrow Services, Inc., is a leading independent escrow company. We are a trusted partner with our clients, assisting them through the tangled bulk sale & liquor license transfer process. We provide attentive, quality & innovative customer service. Phone Elizabeth McGovern at 415-735-3645.
ServingSan Francisco Bay Area, North Bay, Central Valley
I am an experienced entrepreneur, attorney, & business professor. I & my EvergreenGold® team offer business owners sound advice & expertise to build business value & achieve profitable sales. Call me today for a business evaluation & SWOT analysis for your business anywhere in the USA.
ServingNationwide
The Veld Group provides a refreshing approach to Business Brokerage, Mergers & Acquisitions and Business Consulting and Valuations. From Your Street to Wall Street, we cater to Main Street Businesses as well as more complex Strategic Firms and Start-Ups.
ServingSouthern California
I am the Founder Of BizBen.com. I consult daily with intermediaries, business buyers, owner/sellers & advisors daily about buying and selling California small to mid-sized businesses. Contact me today about joining & utilizing BizBen, consultations, & advisory services.
ServingNationwide - All Areas
Sometimes business brokers just can't win with their clients, because if an offer comes in too fast & too early then they must have lowballed the price & the seller is suspicious, and if not enough offers come in after putting the business on the market - they may look unproductive to their clients.
Pool Halls/Billiards in America, currently is seeing a resurgence, mainly due to pool hall owners catering to a millennial crowd who is growing up with playing pool and other games on their phones and later mingling with others and playing the sport for real. Read about the best tips for buying one!
We're hearing more and more about "crowd funding" through sites like gofundme and kickstarter as a possible way to raise the cash needed to buy a small business. This method of collecting funds has proven successful in other kinds of situations. Could this strategy work when buying a small business?