Contact: Brian Loring, CBB, ARM, CVB At 855-683-8888 , 661-360-1769 - Also Email This Contact Below
Asking Price: Call / Email Down Payment: Call / Email
Annual SDC: Call / Email
Annual Gross: $688,960
Attributes: Broker-Broker Coop, Financial Assistance, Training & Support, Relocatable, Owner Financing, SBA Loan Pre-Qualified
This profitable HOA property management company has grown quickly in two short years in business. The company now has more than 1,000 doors under management with nearly 50 homeowner associations under contract.
There is tremendous "strap-on" potential here for a larger property management group or an established HOA manager looking to expand through acquisition. A majority of revenues are generated from HOA management but the company also manages single-family homes, condos and townhouses.
The business has thrived during the Covid pandemic, proving its resiliency by growing its revenues despite enormous challenges in the rental markets. The company is poised for steady, consistent growth.
It has established an in-house construction and maintenance arm which has increased profit margins by streamlining repairs. Roughly 32% of gross revenues are now generated by the construction and maintenance entity.
The business is located in a competitive, active sub-market in Southern California, which provide plenty of opportunities to grow the business. Health issues and a desire to move out of state are prompting the owner to sell at this time.
PLEASE NOTE: While the owners work to finalize their 2020 financials, the asking price and cash flow estimates have been removed, pending final submission.
To get more information about this Property Management Company - High Net Income business for sale in
Southern CA - Relocatable please phone Brian Loring, CBB, ARM, CVB (Intermediary, Broker - BRE License #:01397296) at 855-683-8888 and 661-360-1769 - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #267019 on BizBen.com. In addition to phoning
Brian Loring, CBB, ARM, CVB, make sure you email Brian Loring, CBB, ARM, CVB above to get more info about this
Property Management Company - High Net Income, to ask any questions or request an appointment to see this
business for sale. Thank you.