Offering a portfolio of over 130 good quality properties, well diversified amongst over 90 landlords. As far as quality of rent roll this opportunity is hard to beat.
Whether you are wanting to move into your own business, or looking to grow your property management portfolio, this is an excellent investment. The business offers steady management fee income of approximately $280k annually, and total income of $385k annually.
As a stand alone business this offers excellent fundamentals such as great systems, staff, a strong brand/reputation, and an EBPITDA of approximately $160,000.
The current owner uses Palace and keeps records and reporting well organised which offers a corporate buyer an opportunity to seamlessly integrate the business into their own, significantly increasing portfolio size and revenue that would otherwise take years to build.
This business is priced to sell at only 2x management fee income!
Contact Ricky Cockerill today on 0274 181 889 to find out more and secure this opportunity
Price $560,000
For further information regarding this sale, please complete our online confidentiality agreement.
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