Description

Absentee owned, Property Management Company For Sale

PRICE: $1,500,000
LOCATION: MARICOPA COUNTY, AZ

Listing Description

This well-established company manages short-term rentals in highly sought-after locations in Arizona. The owner lives out of state and the team on location runs all the daily operations of the business.

The business is profitable year after year with only word of mouth as the driver for growing the portfolio of properties. The exceptional service to both the property owners and the renters helps differentiate this company from any competing management groups in their areas. There are approximately 70 properties currently under management, and many have been clients for multiple years. With the current contracts in place, revenues are projected through 2026.

This is an opportunity to step into a cash flowing business with tremendous growth potential without the need for immediate capital expenditure. The seller is entertaining realistic offers and would be open to entertaining some level of seller financing for well-qualified buyers.

Please contact me with your interest and in conjunction with signing an NDA, please be prepared to show proof of funds..

Listing Details

Asking Price: $1,500,000

Gross Income: $3,470,099

EBITDA: $ 452,481

FFE: $80,000 (Included in Price)

Inventory: $15,000

Reason For Sale: Interested in pursuing other ventures

Training & Support: The seller is willing to train, the time frame is negotiable

General Location: ARIZONA

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