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Property Caretaking Business In High Growth Comm For Sale

Gallatin County, Montana, US
Asking Price:
$450,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$553,300 (USD)
Cash Flow:
$113,016 (USD)

Buy this business. A great opportunity to:

• Work with high end wealthy clients

• Own a business in a high growth community

• Access opportunity to increase business by taking over market share from other sub-par operators (10X growth)

• Provide a high level of service

This business takes care of second homes, for homeowners that want to be able to have their home kept in great shape and fully ready to enjoy a good vacation.

Property Information

Premises Details:

This is a lean, low overhead business. All equipment needed to run the business is provided.

Business Operation

Expansion Potential:

Current owner has intentionally capped the number of properties they manage. A new owner can live on a comfortable income without expanding, or grow the business. A 10X growth is possible.

Competition / Market:

Plenty of competitors, but the marketplace has a lack of detail oriented, thorough property managers that follow through. There is plenty of opportunity to capture market share by continuing to provide good service. Also, the growth in this area is substantial and current operators are struggling to keep up. New clients are having difficulty even finding managers to take them on.

Reasons for selling:

Retirement.

Trading hours:

Monday-Friday 8am-5pm

Employees:
4FT/0PT
Years established:
14 Years

Other Information

Support & training:

Will train for 4 weeks @ $0cost.

A property management license is not required to run this business. The ideal buyer is detail oriented and good with clients. A contracting background, to manage subcontractors for remodels and repairs is a plus.

Financing available:

Lender pre-screened with $67,500 down.

Furniture / Fixtures value:
$20,000 (USD) - included in the asking price
Inventory / Stock value:
$100 (USD) - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Murphy Business & Financial

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