Wichita, KS
$197,000
Wichita, KS
$197,000

Middlesex County, MA
$200,000
Atlanta, GA
$200,000

Daytona Beach, FL
$800,000
Saint Petersburg, NV
$204,999
Cleveland, OH
$204,990
Myrtle Beach, SC
$1,500,000
Mclean County, IL
$2,950,000
Savannah, GA
$215,000
Wilmington, NC
$196,999
Available in Multiple Locations
$50,000
Salt Lake City, UT
$149,995
Orange County, CA
$695,000
$550,000
Montezuma, GA
Atlanta, GA
$2,800,000
Texas
$1,499,000
Tina Wiltsey-Trevizo
Wiltsey & Associates, Inc.
Serving Multnomah County, OR
Wiltsey & Associates, Inc. specializes in the Sales and Purchases of Lottery Locations, Bars, Delis, Restaurants, Night Clubs and anything that has an OLCC Liquor License. Tina Wiltsey-Trevizo, Principal Broker, has been selling these locations for 35 years and has over 2000 successful closings. Tina also specializes in the Olcc and Lottery Licensing process. Tina will assist Sellers in finding the best Buyer for their location and will assist Buyers in finding a location that will suit their needs. Tina can also assist Seller's and Buyer's with licensing process with these sales. To view her website visit WILTSEYBARS.COM.
Myrtle Beach, SC
$75,000
Washington, DC
$375,000
Hyattsville, MD
$17,000,000
Florida
$2,500
Palm Beach County, FL
$125,000
Available in Multiple Locations
$65,000
Brentwood, TN
$1,500,000
Wake County, NC
$1,900,000
$15,000,000
Hialeah, FL
Warwick, NY
$2,600,000
Warwick, NY
$5,100,000
Chino, CA
$195,000
Mount Pleasant, TX
$2,280,000
Houghton Lake, MI
$525,000
Jacksonville, FL
$899,000
Philadelphia, PA
$4,350,000
Available in Multiple Locations
$75,000
Frostburg, MD
$5,250,000
Cutler Bay, FL
$3,970,000
Queens, NY
$1,600,000
Hope, AR
$225,800
Available in Multiple Locations
$50,000
$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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