Return To Opportunities List

Opportunities

Full-Service Property Management Firm with Great Team

Property Management with 85% Multi-Family: Owner will carry 25%!

CASH FLOW
$781,321

Specifications

  • Price
    $3,100,000

  • Revenue
    $2,212,459

  • Cash Flow
    $781,321

  • Location
    Milwaukee

  • Reason for Sale
    Looking for a strategic growth minded partnership. The owner is not planning on leaving the business after sale

  • Profit Margin
    30%

 

Their client mix is 85% multi-family housing/apartments, 10% single family homes (multi-unit), and 5% commercial made up of Property Investors, focused in multifamily living. The organization has developed a reputable presence, by serving Milwaukee & Kenosha Wisconsin. The well-developed management team includes a Controller, two Senior Vice Presidents and a Superintendent. There are also 3 Property Managers, 3 in Maintenance, and 1 Office Administrator. The owner oversees his leadership team and will do some site sourcing, as he still finds that enjoyable. His staff handles the day-to-day operations. As a show of good faith and vested interest in the ongoing success of the company the owner has offered to roll equity for up to 25% and provide a 4–5-year transition period. The acquisition includes about $450K in assets which are company vehicles, deposits, and AR. A 15+ year established property management firm where the owner is seeking a strategic minded buyer with business acumen.

Priced at $3,100,000, a 10% down payment will return $366,402 in the first year after debt payments. A 118% return on investment! Two banks have already pre-approved this loan for a qualified buyer with only 10% down and 65% from a lender. The upcoming growth coupled with a 35% profit margin makes this streamlined property management business a great opportunity.

 

Attachments

Document Title / Description

This folder is empty.

Access to this Deal Room is restricted

Would you like to access the deal room?

Yes, please

Interested in
this business?

Complete the following information to sign an NDA and see more details!

Already have an account? Log in here.

Click to download NDA form

Print, sign and send to:

210 N 78th St. 2nd Floor
Omaha, NE 68114

Or fax to:

f 402.939.0857

Thinking of Selling?
When selecting an M&A firm, please use the following Scorecard: click here for our M&A Scorecard

The Firm makes no warranties or representation in consideration to the information provided above. All communication regarding this business must occur directly with The Firm Advisors, LLC. The Firm is not a real estate brokerage and does not sell real estate. The Firm solely advises on exit strategy.