Property Management Services
Recently Sold
Financials
Asking Price of business :$200,000Included In Asking Price :Furniture, Fixtures & Equipment: $15,000
Annual Sales :$325,000 Cash Flow :$75,000
Summary Description
This firm offers a full range of property management services for residential, commercial units, and homeowners associations (HOA’s) all located in the greater Portland, Maine market. The business also provides landscaping, maintenance and light construction, and renovation service to its clients. The firm operates with three full-time employees plus the owner/operator.
General Information
Year Established :2019Employees :3 FT
Facilities :The firm leases professional office space.
Business Location :Greater Portland
Market Outlook
Competition & Market :
The southern Maine and Portland area is highly competitive. Firms that can’t provide a full range of services or meet their clients’ needs won’t retain accounts.
Growth & Expansion :
The business has an excellent reputation but picks its clients carefully to ensure they can provide the highest level of service. The business is currently in discussions to onboard another 5-10 units to its management portfolio.
About the Sale
Financing :Anticipated Seller & Bank TBD. Down Payment $100K. Working Capital Needed $20,000
Support/Training : Owner will train new operator.Reason for Sale : New job opportunity.
Contact Information
Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)
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