Norfolk County, MA
$765,000

Norfolk County, MA
$765,000
Fayetteville, AR
$189,900

REAL ESTATE INCLUDED
Florida
$36,000,000
Gilbert, AZ
$187,500
Macon, GA
$225,000
Riverside, CA
$250,000
Annapolis, MD
$750,000
Ocean City, NJ
$163,900
Not Disclosed
Cash Flow: $2,774,000
Broken Arrow, OK
$189,899
Available in Multiple Locations
$150,000
Las Vegas, NV
$189,899
Cincinnati, OH
$189,900
$250,000
Sacramento County, CA
Denver, CO
$2,000,000
Raleigh, NC
$189,900
Sung Yun Lee
Transworld
Serving Somerset County, NJ
For over forty years, Transworld has specialized in the sale of businesses, mergers and acquisitions and franchises. Today Transworld Business Advisors is a global network of brokers offering a turnkey solution for those that want to build a solid business and future for themselves while maintaining a balanced quality of life.
North Olmsted, OH
$400,000
Rockingham County, NH
$700,000
Pittsburgh, PA
$205,000
Mckinney, TX
$190,000
Hawaii
$6,500,000
Available Nationwide
$50,000
Plano, TX
$200,000
Cary, NC
$210,000
$150,000
Linn County, IA
Dallas, TX
$275,000
Minneapolis, MN
$265,000
Elk Grove Village, IL
$725,000
Mount Pocono, PA
$156,900
Pittsburgh, PA
$255,000
Montgomery County, OH
$275,000
Allentown, IN
$196,999
Available in Multiple Locations
$150,000
Augusta, GA
$574,900
Orting, WA
$866,000
$90,000
Delaware County, PA
San Francisco, CA
$725,000
Finland
$6,120,000
Available in Multiple Locations
$500,000
Williamson County, TX
$485,000
San Diego County, CA
$1,500,000
REAL ESTATE INCLUDED
Horry County, SC
$7,500,000
Portland, OR
$750,000
Portland, OR
$750,000
Rohit Mukherjee
Denver Real Estate Brokers
Serving Arapahoe County, CO
DREB has managed over 15 years of Colorado Business Transactions.
Bay Shore, NY
$1,300,000
Wood County, TX
$75,000
$250,000
Tampa, FL
La Jolla, CA
$129,000
Orange County, CA
$245,000
Available in Multiple Locations
$100,000
$1,500,000
Arlington Heights, IL
$5,900,000
Burlington, ON
$1,500,000
Palm Beach County, FL
$1,200,000
Dallas County, TX
$12,800,000
Davidson County, TN
$1,160,000
Troy, MI
$50,000
Naples, FL
$50,000
San Francisco County, CA
$500,000
Available in Multiple Locations
$75,000
Property management is a $120B industry in the United States. Given the sheer volume of renters, vacation properties, and Airbnb’s, it’s no wonder property management businesses are so prolific, especially in urban areas. As a business, property management is appealing thanks to relatively low overhead and real estate needs, and consistent, recurring revenue. Entry into the market is also difficult, as the real estate owner relationships take a long time to build, making business acquisitions a common occurrence in the property management space.
If you are looking to buy or sell a property management business, it helps to have some context on the market, and to understand how they are valued. Below, we have aggregated financial data from current and recent listings to provide benchmarks on valuation and financial performance of property management businesses listed for sale. All data is based on broker and business owner provided financial information.
Market Overview
|
Number of Businesses Analyzed |
161 |
|
Median Asking Price |
$237,250 |
|
Median Reported Revenue |
$518,255 |
|
Median Reported Earnings |
$164,298 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Property Management Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.42 |
1.27 |
|
Median |
0.56 |
2.07 |
|
Upper Quartile |
1.37 |
3.31 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Property Management Business Valuation Multiples and Financial Benchmarks
FAQs
How much does it cost to buy a property management business?
The median asking price for a property management business is approximately $237,250. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do property management owners earn?
On average, property management business owners report median annual sales of $518,255 and annual owner earnings of $164,298. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a property management business?
Valuing a property management business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Property management business revenue/sales multiples range from 0.42 to 1.37, with the median at 0.56. Earnings multiples range from 1.27 to 3.31, with the median at 2.07. These values suggest a typical property management business will sell for around 0.56 times its annual revenue, and 2.07 times its annual owner’s earnings.
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