Davenport, FL
$230,000
Davenport, FL
$230,000

Syosset, NY
$399,900

Tokyo
$2,555,000
Hialeah, FL
$204,900
Charleston, VA
$204,999
Stockton, CA
$196,999
Los Angeles County, CA
$420,000
Austin, TX
$300,000
Atlanta, GA
$300,000
Brevard County, FL
$990,000
Available in Multiple Locations
$45,000
Utah
$1,500,000
Catawba, NC
$250,000
$250,000
Sacramento County, CA
Reading, PA
$210,000
Franklin, TN
$25,000
Eddie Hasan
Mergers Acquisitions and Sales
Serving Orange County, FL
Eddie Hasan has over 29 years of business experience including owning numerous businesses over his career. He has instructed students across the US and Canada in business valuation, commercial real estate, and investing in business and real estate. Eddie has closed hundreds of transactions over his career.
Madison, WI
$197,000
Gainesville, TX
$204,999
Cincinnati, OH
$204,990
Green Bay, WI
$215,000
Columbus, OH
$1,900,000
Available Nationwide
$50,000
Arlington, TX
$220,000
Otsego County, MI
$70,000
$450,000
Camarillo, CA
Charleston, SC
$540,000
REAL ESTATE INCLUDED
Washington County, TX
$725,000
Clarksville, TN
$210,000
Nashville, TN
$1,700,000
Cleveland, OH
$210,000
Florida
$75,000
Joliet, IL
$205,000
Available in Multiple Locations
$500,000
Wichita, KS
$197,000
Middlesex County, MA
$200,000
$4,799,000
North Topsail Beach, NC
Atlanta, GA
$200,000
Daytona Beach, FL
$800,000
Available in Multiple Locations
$100,000
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
Jim Wauldron
Coldwell Banker Commercial - Premier Properties
Serving St. Johns County, FL
Wilmington, NC
$196,999
Orange County, CA
$695,000
Atlanta, GA
$2,800,000
Texas
$1,499,000
Available Nationwide
$65,000
Myrtle Beach, SC
$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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