Upscale Coastal Property Management Business
Listing Details
- Down Payment: $235,000
- Sales: $272,090
- Seller's Discretionary Earnings: $76,002
- Inventory: $0
- Furniture, Fixtures, and Equipment: $9,200
- Rent: $2,500
- Employees:
- Year Established: 33
- Reason for Selling: Retirement
Business Description
A rare opportunity to acquire a well-respected property management company serving northeast Florida's most desirable coastal communities for well over 30 years.
The company manages residential condominium properties, office condominiums, professional office parks, and homeowners associations in high-end areas throughout St. Johns County and the coastal communities of Ponte Vedra and Jacksonville Beaches. It has earned a strong reputation for reliability, responsiveness, and attention to detail with discerning owners and association boards.
The office is located in an upscale coastal community at the heart of the service area. Two full-time Community Association Managers oversee daily operations and client relationships, supported by a part-time QuickBooks specialist who processes payments and reconciles bank accounts, and a part-time office manager who handles accounts receivable and paperwork.
With long-standing clients, recurring revenue, and a growing coastal market, this is an excellent fit for an established management firm looking to expand or an individual buyer seeking a reputable, stable business.