Highly profitable property management business
Las Vegas

For SALE. Established and ready to go Property Management and Real Estate Brokerage. The business oversees approximately 250 individual rental properties with 80-90 owners. The rapidly growing portfolio generates around $620K in combined revenue and 460K in net profit primarily from recurring revenue streams. The operations are automated, technologically driven, and efficiently streamlined, resulting in low overhead. The sellers are willing to provide extensive training and resources for a smooth transition, and are willing to collaborate further and offer ongoing advisory support to a genuine buyer. Interested buyers must sign a confidentiality agreement, provide proof of funds, and obtain seller approval. For a prompt response, please contact listing brokers or use the email provided with this ad.

Listing Number:

22992

Category:

Professional Services

Location:

Las Vegas
$1,825,000

Financial Information:

Gross Revenue:

$688,205

Listed Price:

$1,825,000

Down Payment:

$1,550,000

Total Income:

$460,946

Year Established:

2018

Lease Information:

Square Feet:

500

Total Rent:

$1,650

Lease Expiration:

05/2024

Lease Options:

N/A

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

0

Inventory:

$0

Other Assets:

Computers and other $10,000

Additional Information:

Full-Time Employees:

2

Part-Time Employees:

0

Special License Required:

RE and Property Management

Contract Staff:

0

Training Period:

3 months

Reason for Selling:

Moving

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

brokerPhoto
Kathleen Nichols & George Karas
Office: (702) 461-9057 | Cell: (702) 290-9120
License #: S.0186077 / S.0173285

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Highly profitable property management business
Las Vegas

Listing Number:

22992

Category:

Professional Services

Location:

Las Vegas

Listed Price:

$1,825,000
brokerPhoto
Kathleen Nichols & George Karas
Office: (702) 461-9057 | Cell: (702) 290-9120
License #: S.0186077 / S.0173285
For SALE. Established and ready to go Property Management and Real Estate Brokerage. The business oversees approximately 250 individual rental properties with 80-90 owners. The rapidly growing portfolio generates around $620K in combined revenue and 460K in net profit primarily from recurring revenue streams. The operations are automated, technologically driven, and efficiently streamlined, resulting in low overhead. The sellers are willing to provide extensive training and resources for a smooth transition, and are willing to collaborate further and offer ongoing advisory support to a genuine buyer. Interested buyers must sign a confidentiality agreement, provide proof of funds, and obtain seller approval. For a prompt response, please contact listing brokers or use the email provided with this ad.

Financial Information

Gross Revenue:

$688,205

Listed Price:

$1,825,000

Down Payment:

$1,550,000

Total Income:

$460,946

Year Established:

2018

Lease Information

Square Feet:

500

Total Rent:

$1,650

Lease Expiration:

05/2024

Lease Options:

N/A

Asset Information

Leasehold Improvements:

$0

Equipment / Fixtures:

0

Inventory:

$0

Other Assets:

Computers and other $10,000

Additional Information

Full-Time Employees:

2

Part-Time Employees:

0

Special License Required:

RE and Property Management

Contract Staff:

0

Training Period:

3 months

Reason for Selling:

Moving

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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