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Businesses For Sale > Business For Sale in Northern Virginia, Virginia (VA)

Property and Community Management for sale in Northern Virginia, VA

Northern Virginia, Virginia (VA)

Asking Price: Gross: Cash Flow:
$ 3,000,000 $ 1,357,500 $ 409,200

Furniture and Fixtures Value:
(included in the asking price)

Inventory Value:
(included in the asking price)

Real Estate:
$ 420,000 (included in the asking price)

Business Summary:
This company has developed a strong, synergistic team which allows for creative and proactive solutions to every facet of rental management, community management, leasing and sales. Our operating systems and processes have been designed to allow maximum productivity among team members, regardless of the managers physical location. Tasks are easily assigned to specific team members who are most suited while allowing an easy review to insure completion.Our team is comprised of dedicated professionals who are not only competent, but care about the service they deliver. We insist our staff members attend periodic “team training” and pursue professional development through continuing education courses, events, and designations offered by organizations such as, Community Association Institute (CAI), and the National Association of Residential Property managers (NARPM). Even if a buyer wanted to hire their own staff or already had staff members to step in, the systems are in place with an easy transition and minimal down time for each Community. The impact on residential clients would be almost zero.The Gross and Cash Flow above are for 2018. The numbers in 2017 were higher and the expected numbers for 2019 are also going to be higher. The cash flow as defined here is the owners profit.

 
   
Year Business was Established: 2006
   
Number of Employees: 11FT  
   
Facilities / Terms of Lease: owned  
   
Potential Growth/Expansion: A new buyer can expand by actively and aggressively pursuing leads for community Management and residential management in the area. This is one of the fastest growing Counties in the US and almost all new housing is located in an HOA or COA requiring the services of local business. It is an advantage in this market to be local and do business with vendors and others who also service locally.  
   
Competition: There are a few local companies in the area that are smaller, there are national companies that have purchased local companies.  
   
Owner willing to finance: no  
   
Owner willing to train: yes  
   
Reason for selling: Moving to new location out of state  
   
Seller Reference Number: bm2095266005
BusinessMart.com Listing Number: 246076