Montgomery, AL
$204,990
Montgomery, AL
$204,990
Pinellas County, FL
$150,000
Lee County, FL
$278,500
Houston, TX
$210,000
Gogebic County, MI
$5,504,000
Kissimmee, FL
$260,000
Antrim County, MI
Leelanau County, MI
$4,744,000
Burleson, TX
$300,000
Oklahoma City, OK
$205,000
Available in Multiple Locations
$100,000
Cape Coral, FL
$529,000
Arlington, VA
$196,990
$425,000
San Francisco County, CA
Saint Paul, MN
$204,989
Atlanta, GA
$3,140,000
Joe Braier
Lake Country Advisors
Serving Milwaukee County, WI
Experienced staff, professional packaging of your business to secure highest return - we help you leverage value up getting the maximum amount of money for your business. Confidential, Discreet Sales. WE'RE HIRING: .Want to buy a business but haven’t come across the right opportunity yet? This is your opportunity to help facilitate transactions between buyers and sellers of privately-held businesses. Most brokers leave the business brokerage industry because they find a business to buy. Responsibilities include evaluating businesses, creating marketing packages and selling business opportunities to buyers. Significant support and leads provided. Compensation is 100% commission. Email resume to Destiny Wallen at Destiny@lakecountryadvisors.com https://lakecountryadvisors.com/
Albuquerque, NM
$199,500
Kansas City, KS
$204,990
Baton Rouge, LA
$196,990
Miami, FL
$35,000,000
Spotsylvania County, VA
$3,520,000
Available in Multiple Locations
$200,000
Youngsville, NC
$95,000
REAL ESTATE INCLUDED
Brevard County, FL
Cash Flow: $85,908
$500,000
DuPage County, IL
Austin, TX
$3,000,000
Saint Louis, MO
$204,999
Philadelphia, PA
$204,989
California
$350,000
Asheville, NC
$2,692,000
Estes Park, CO
$475,000
Worcester, MA
$199,500
Available in Multiple Locations
$65,000
Austin, TX
$950,000
Tulsa, OK
$205,000
$250,000
Folsom, CA
Bridgeport, CT
$210,000
Los Angeles County, CA
$280,000
Available Nationwide
$100,000
$2,200,000
Myrtle Beach, SC
$24,925,000
New York, NY
$3,500,000
Stratford, CT
$110,000
Onondaga County, NY
$2,200,000
Chris Cole, JD, CCIM
Lorimont Business Advisors
Serving Cape Girardeau County, MO
Chris Cole, a Missouri licensed attorney and commercial real estate broker, has been through extensive mergers and acquisitions (M&A) training, learning the business of brokering M&A deals and executing business transitions. As a practicing attorney, Chris had already handled a number of small-to-lower middle market M&A transactions for his clients, including stock acquisitions, asset purchases, and corporate reorganizations and recapitalizations. Cole has also been involved in a number of business acquisitions on his own behalf, both stock and asset purchases. Through his prior experience as an attorney and his M&A training, Cole has developed his own procedures, materials, and support services needed to make the M&A process go smoothly. We are now proud to offer these services through Lorimont Business Advisors.
Key West, FL
$9,224,000
Vermont
$850,000
$279,500
Mercer County, NJ
Lake County, FL
$599,000
Ocean City, MD
$24,052,000
Available Nationwide
$125,000
REAL ESTATE INCLUDED
Bradenton, FL
$895,000
Kissimmee, FL
$120,000
Orlando, FL
$40,000
$1,500,000
Santa Clara County, CA
Davidson County, TN
$700,000
Boston, NC
$235,000
Charlotte Court House, VA
$139,900
Kansas City, MO
$145,000
Available Nationwide
$50,000
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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