1041-11494 Home Watch & Property Management Company For Sale

Undisclosed Address, Florida
Business Opportunity for Sale
Catylist Listing ID: 29892937
Property Subtypes: Real Estate
Building Size (RSF): See Agent
Sale Price: $385,000
Year Business Established: 1987
Gross Revenue: $786,956 (Annual)
Cash Flow: $135,205 (Annual)
Cash Flow Type: Sellers Discretionary Earnings
Last Updated: 8/1/2017

Overview / Comments

Owner is very motivated to sell. 29 year old company in same location. Total-spectrum service-driven home care and management company. Services include; home watch and property maintenance. Owner is selling due to a lost partner last year to death and current personal health issues.

Additional Details

Industry Segment: Other Real Estate
Reason for Selling: Passing of business partner. Current owner wants to move on to other opportunities out of area.
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Leased
Value of Real Estate Included ($): $0
Real Estate Lease Description: Business is operated out of a leased office. No Real Estate involved.
Employee/Labor Description: 1 FT
Mgmt/Training Support Description: Will train for 3 weeks @ no cost. Manage daily business operations by phone. 1 current employee manages office and bookkeeping and capable of running office with off-site owner. Only a typical county business license required.
Competition/Market Description: This business is service driven and word of mouth. Competition is considered a factor only if service quality is not maintained.
Growth/Expansion Opportunities: Excellent potential to increase accounts in existing hi-end communities that are ready being served. Revenues have increased each of the last four years; tax returns available. Growth is only limited to ability to service more accounts with same quality and service.

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 6,688 16,183
Median Age: 51.31 44.56
Households: 2,735 6,282
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