Established HOA/POA Management
| Asking Price: | $250,000 |
| Gross Revenue: | $186,000 |
| Cash Flow: | $145,000 |
| Established Year: | 1990 |
Rare opportunity to get an established HOA and POA Property Management company. Located in the picturesque community of Marble falls, it has 25 accounts and almost 1,000 units in Burnet and Llano counties.
This business has been around since the 1990s and accounts going back to 1995.
An ideal business for a husband/wife team or someone semi-retired or transitioning from Real Estate. (No license is required).
The owner rents an office space. at $1,000/month; however, it can be a home based business. The hours are flexible and the owner sets them.
Annual billing is almost $200,000.
There's one part time contract worker and annual Revenue/SDE is as follows:
2022: $116,400/$102,500
2023: $155,300/$130,600
2024: $186,300/$147,600
Business is growing at 25% YoY and expected to continue. Seller willing to give full training and willing to stay on for a short term at a negotiated salary. After transfer of business, Seller may work out a finder's fee formula to assist the Buyer get new accounts. Seller is looking to retire and will sign off to a non-Compete agreement.
