Albuquerque, NM
$525,000

Albuquerque, NM
$525,000

Bend, OR
$650,000

Davidson County, TN
$1,160,000
Burleson, TX
$300,000
Middlesex County, MA
$2,000,000
Naples, FL
$50,000
Wisconsin
$120,000
Bergen County, NJ
$1,260,000
Norfolk County, MA
$765,000
Dandridge, TN
$156,900
Available Nationwide
$50,000
Mount Pocono, PA
$154,900
Grand Rapids, MI
$350,000
Ohio
$8,400,000
Big Bear City, CA
$260,000
Michelle Regner
Business Brokers of America
Serving Salt Lake County, UT
We provide services to anyone considering buying or selling a business. We are happy to answer any questions about these activities including pricing and valuation issues, exit strategies, business financing or any other subjects related to the purchase or sale of a business.
Kansas City, KS
$196,999
Longwood, FL
$975,000
REAL ESTATE INCLUDED
Raleigh, NC
$3,900,000
Pittsburgh, PA
$310,000
Barnstable County, MA
$500,000
Available Nationwide
$45,000
Overland Park, KS
$220,000
Boone, NC
$156,900
$120,000
Dallas, TX
Charleston, SC
$225,000
Fairfax County, VA
$1,000,000
Allentown, PA
$199,500
Paterson, NJ
$220,000
New Brunswick, NJ
$519,750
Dallas County, TX
$130,000
Cleveland, OH
$204,900
Available Nationwide
$100,000
Mckean County, PA
$615,000
Utah
$510,000
$5,500,000
Hoffman Estates, IL
Los Angeles, CA
$450,000
Grand County, CO
$1,500,000
Available in Multiple Locations
$75,000
REAL ESTATE INCLUDED
New York
$1,590,000
Bozeman, MT
$104,296
Naples, FL
$90,000
REAL ESTATE INCLUDED
Manchester, TN
$945,000
Las Vegas, NV
$1,500,000
Chris Hamm
Polaris Integrated Solutions
Serving Clermont County, OH
REAL ESTATE INCLUDED
Franklin County, VA
$125,720
Denver County, CO
$2,200,000
$159,000
Chicago, IL
Orange County, FL
$299,000
Jacksonville, FL
$139,999
Available in Multiple Locations
$97,500
Nashville, TN
$235,000
Green Bay, WI
$196,999
Yavapai County, AZ
$179,900
Texas
$2,500,000
Milwaukee County, WI
$300,000
Rock Hill, SC
$80,000
$6,000,000
Lee County, FL
$585,000
Kings County, NY
$1,605,000
Available Nationwide
$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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