Category:
EG11317 - Business (or Biz to Biz)
Location:
Oregon - Oregon
Business Description:
Long established commercial and residential property management business with 585 keys make this fully staffed operation in two major cities very attractive. Perfect opportunity as an add on to an existing management business or for a new entrepreneur looking to enter the Western Oregon market with their first acquisition. A current OREA Principal Broker or Property Manager license is required to hold client trust funds and is a barrier to entry for any buyers. Steady, recurring monthly fees from operations over $60,000 per month make this semi absentee management firm, a true cash cow with historical annual SDE over $500,000. The 2024 annualized SDE is $557,952!!!
3 Months Ended
3/31/2024
$186,372
(Sales)
$139,488
(Adjusted Cash Flow)
12 Months Ended
12/31/2023
$768,997
(Sales)
$547,541
(Adjusted Cash Flow)
12 Months Ended
12/31/2022
$771,394
(Sales)
$560,007
(Adjusted Cash Flow)
12 Months Ended
12/31/2021
$624,796
(Sales)
$394,229
(Adjusted Cash Flow)
| # of Employees | Full Time | Part Time |
| Non-Owners | 2 | 1 |
| Owners | 0 | 1 |
Hours of Operation
M-F 9-5
Licenses Required:
Monthly Rent Including NNN:
$1,103
Expires:
7/31/2024
Option:
For 5 years
Size(sq.ft.):
400
Type of Organization:
S Corp
Reason for Sale:
Relocating
Training:
4 weeks 20 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.