MergerPlace

Multi-Office Association Management Firm

WITHHELD, Florida


  • Asking Price: $2,200,000
  • Gross Income: $1,772,361
  • Cash Flow: $412,386
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $70,000
  • Listing ID: #207286
  • Established: 1959
  • Employees: 26

Business Description

Multi-office association management firm representing 70+ communities & approximately 8,000 doors. Company's executive management operates this well-known property management firm essentially "absentee" with full staff in place including several CAM's and a G.M. Stated "owner's benefit" is EBITDA, Buyer can replace one of several positions and increase bottom line by $100,000+. Parties requesting additional info must provide financial statement and resume and be approved by Seller prior to full disclosure. Please refer to listing #0101416982 & ask for Randy Bring when inquiring.


Business Details

Primary Business Category: Real Estate and Rental and Leasing
Location: Florida
Metropolitan Area: WITHHELD

Company Information

Year Established: 1959
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 26

Financial Information

Asking Price: $2,200,000
Gross Revenue: $1,772,361
Cash Flow: $412,386
EBITDA: $412,386
FF&E: $70,000
Seller Financing Available: Yes

Property Information

Facilities:

2500 sq. ft. professional office @ $4038/mo.

Growth & expansion opportunities:

Unlimited

Competition:

Unknown

Reason for selling:

Corporate divestiture

Support & Training:

Seller will train for 3 weeks

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Randy Bring

Transworld Business Brokers