Established Southbay LA Property Management Company Seeks CEO level Ownership
Listing: #LA04729About this Business for sale in Los Angeles County
Established Southbay LA Property Management Company Seeks CEO level OwnershipRare opportunity to purchase a 10-year-old well-established Southbay property management company. The new owner can either be semi-absentee or operate as Managing Director and put that income in their own pocket. This portfolio consists of both commercial and residential assets ranging from a class A shopping center, architectural high-rises, and medium-sized apartment buildings. Asset management services 2,000+ more units. Portfolio is well-managed with solid managers in the field and a highly capable regional team overseeing them. With the industry's most sophisticated software suite at the helm, management is a breeze. Seller will provide appropriate training and support. Very rarely does a property management firm of this maturity come to market. This is the career maker move has the right foundation for exceptional growth. All potential buyers will need to sign a confidentiality agreement, provide proof of financial capability and professional experience for this transaction. Competition will be high and swift, get your hat in the ring without delay.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.