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
$50,000
Cape Coral, FL
$529,000
Arlington, VA
$196,990
$500,000
DuPage County, IL
Saint Paul, MN
$204,989
Atlanta, GA
$3,140,000
Jim Beno
Business Broker Experts Inc.
Serving DuPage County, IL
Business Broker, M&A Specialist Connect with me using: jimbeno@businessbrokerexpertsinc.com Registered Professional Business Broker with CBI (Certified Business Intermediary) who has successfully helped business owners prepare exit strategies, find qualified buyers and sell their company for top dollar. Whether the owner is thinking of selling in a year or five years, steps should be implemented to increase the company value and minimize the taxes paid on the proceeds of the sale. I help business owners confidentially sell their company for maximum value. I offer full service brokering that handles all the tasks of selling a business, with no upfront fees. Below is a partial list of activities I perform for our full service broker customers: • Give a range on where to price your business • Assess the “Sell-ability” of your business • Generate a comp report for similar businesses that sold • Prepare a Confidential Marketing Booklet for potential buyers • Work with our Nationwide bank contacts to get your business pre-qualified for SBA lending • Create a blind ad to confidentially attract buyers • Pre-screen prospective buyers...NDA filled out and a phone or in person interview • Work with our network of business brokers • Prepare and advise you for Buyer meetings and conference calls • Facilitate buyer seller meetings / conference calls • Address buyer questions • Guide the buyer in submitting a Letter of Intent • Facilitate negotiations and deal structure • Monitor and manage due diligence (50% of deals fail here) • Set up a data room so all due diligence documents are exchanged in a secured environment • Refer and work with business attorneys and CPA's • Work with lenders to secure financing for your buyer (paperwork expedition, references, etc) • Work with government agencies as required • Bring both parties to closing (physically and emotionally) If you would like to learn how I can help you confidentially sell your business, call me at (630) 890-5072 or email me at jimbeno@businessbrokerexpertsinc.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
$250,000
Youngsville, NC
$95,000
REAL ESTATE INCLUDED
Brevard County, FL
Cash Flow: $85,908
$250,000
Folsom, CA
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
$60,000
Austin, TX
$950,000
Tulsa, OK
$205,000
$279,500
Mercer County, NJ
Bridgeport, CT
$210,000
Los Angeles County, CA
$280,000
Available Nationwide
$60,000
$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
Wade Holmes
Accounting Practice Sales
Serving Fort Bend County, TX
Accounting Practice Sales is the largest marketer of accounting and tax practices for sale in North America with more than $1.7 Billion in practice sales.
Key West, FL
$9,224,000
Vermont
$850,000
$190,000
Cook County, IL
Lake County, FL
$599,000
Ocean City, MD
$24,052,000
Available Nationwide
$50,000
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 in Multiple Locations
$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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