10d ago in General discussion
I found a business in the property management space generating over $1.4M in sales with a solid reputation in the market
🏘️. With over 40 years of experience and a dedicated team, this company is positioned for long-term success.
Let's dive into the details:
The company manages 21 HOAs with 750 doors across prime locations in Colorado, like Copper Mountain and Keystone.
They specialize in association management, property upkeep, snow removal, and parking management. Here's what makes them stand out… ❄️🛠️
Long-term contracts (1-3 years) provide stable recurring revenue, making this business financially solid.
They've recently added 340 doors in 2022, boosting revenue significantly.
Plus, the growing demand in the Colorado real estate market means plenty of room to expand. 📈
One of the owners is nearing retirement, making this an attractive acquisition.
The best part? One owner is willing to stay on as GM, ensuring smooth operations and continuity after the sale.
It’s a rare chance for a hands-off transition 🏢.
Clean financials with books that match the tax returns. Revenue jumped from $474K in 2021 to over $1.4M in 2023!
Profits are growing steadily, but there's room to boost them even more… 💰💼
The potential is huge! By bringing accounting and cleaning services in-house, they can cut costs and increase efficiency. Also, expanding into rental management could open up new revenue streams with minimal investment. 🌟
Interested?
The company’s assets, valued at $170K, are included in the deal, and it’s SBA pre-qualified.
A 10% down payment can get you a business ready for more growth. Don’t miss out on this chance to invest in a thriving market! 🚀
Enjoyed this breakdown?
Drop a comment or DM me “property” and I'll tell you how you can access this deal and others like it 🔑.
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I found a business in the property management space generating over $1.4M in sales with a solid reputation in the market
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