Relatively concentrated book of property management clients within San Diego County, bulk of it is concentrated within a 15 mile radius of the parent office. Includes, trade name, book of accounts, company tangibles & intangibles included and is fully staffed. Seller's largest client represents less than 10% of the book value, has been active for 1 year and they just renewed so this book is fairly diversified and rock solid. Providing HOA's & residential management primarily, only one office building, collections, escrow services, this full service high quality firm delivers for the customer and has a strong retention percentage. In a building with a killer $1 PSF and 2,400 feet with space to roll in an additional 4-5 people comfortably if a buyer wants to relocate to a great spot and bring everything under one roof. NDA is required for additional insight into the book and to schedule a conference call with the Seller to explore further. Confidential Sale!
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Facilities: Perfect roll-up opportunity or bring your organization to the Seller's space that is prime office space with below market lease terms.
Competition: Competition is out there, one is constantly being shopped around but the firm provides excellent service while still preserving margins.
Growth & Expansion: Cross sale opportunity to expand to other services not provided by the current ownership. Also hire an in-house handyman service so you could add additional gross and net revenues to the operation.
Financing: $225k cash down, $2,219.71 per month for 50 months, includes 5.0% interest!
Support & Training: As needed to effect a smooth transition.
Reason for Selling: Other business interests.
Asking Price $325,000
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