Milwaukee, WI
$205,000
Milwaukee, WI
$205,000

Pinellas County, FL
$150,000

Lee County, FL
$278,500
Hollywood, FL
$210,000
Kissimmee, FL
$260,000
Burleson, TX
$300,000
Little Rock, AR
$205,000
Cape Coral, FL
$370,000
Columbus, VA
$197,000
Chandler, AZ
$204,990
Available in Multiple Locations
$65,000
Austin, TX
$199,500
Bakersfield, CA
$204,999
$250,000
Tampa, FL
Mount Pleasant, SC
$196,999
Miami, FL
$35,000,000
Mike Nova
Santa Rosa Business & Commercial
Serving Sonoma County, CA
Santa Rosa Business and Commercial has agents and brokers that have leased and sold businesses and commercial property in the North Bay for over 30 years. There is no other firm in the North Bay that has the equivalent depth of experience and local knowledge of the surrounding business community
North Carolina
$50,000
Elizabeth, NJ
$204,999
Gainesville, PA
$204,990
California
$350,000
Paterson, NJ
$199,500
Available in Multiple Locations
$65,000
Austin, TX
$950,000
Los Angeles County, CA
$280,000
$1,999,000
Orange County, CA
$2,200,000
New York, NY
$3,500,000
Vermont
$850,000
REAL ESTATE INCLUDED
Bradenton, FL
$895,000
Kissimmee, FL
$120,000
Orlando, FL
$40,000
Santa Clara County, CA
Not Disclosed
EBITDA: $1,090,000
Available Nationwide
$50,000
REAL ESTATE INCLUDED
Phoenix, AZ
$1,700,000
Myrtle Beach, SC
$2,500,000
$580,000
Miami, FL
Houston, TX
$40,000
Chicago, IL
$900,000
Available in Multiple Locations
$75,000
Deschutes County, OR
$3,500,000
Tucson, AZ
$199,500
Cambria, CA
$3,675,000
Fort Lauderdale, FL
$300,000
Lane County, OR
$290,000
Charlie Kasko
Classic Properties
Serving Luzerne County, PA
Classic Properties is an independent real estate company, serving buyers and sellers in the greater areas of Scranton, Wilkes-Barre, The Poconos, Back Mountain, Wyoming County, and beyond. With 160+ real estate agents helping clients buy & sell houses in over 10+ PA counties, we take pride in our community commitment and knowledgeable realtors. Our locally-owned and operated real estate company provides exemplary service to every client, every day. And, we can prove it. With well over $1 Billion in Closed Sales Volume in the past 6 years, we’re proud to say the Classic name has been synonymous with the marketing of Northeastern Pennsylvania’s most valuable properties since 1983.
Fairfield County, CT
$1,450,000
Wichita, KS
$204,999
$1,450,000
Illinois
Augusta, LA
$204,999
REAL ESTATE INCLUDED
Southfield, MI
$2,700,000
Available in Multiple Locations
$50,000
Minnesota
$759,000
REAL ESTATE INCLUDED
Michigan
$1,115,000
Knoxville, TX
$204,999
Dallas County, TX
$8,000,000
Pennsylvania
$1,200,000
Brentwood, TN
$14,900,000
Nantucket County, MA
$729,000
Naperville, IL
$196,999
Overland Park, KS
$215,000
Available Nationwide
$30,000
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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