Brentwood, TN
$9,900,000
Brentwood, TN
$9,900,000
Houston, TX
$215,000

Washington County, VT
$175,000
Austin, TX
$950,000
King County, WA
$795,000
California
$225,000
Gha, ON
$900,000
San Jose, CA
$120,000
Madison, WI
$225,000
Los Angeles, CA
$416,000
Available in Multiple Locations
$20,000
Wilmington, NC
$215,000
Joliet, IL
$205,000
$499,000
Miami, FL
Murfreesboro, TN
$215,000
Miami, FL
$350,000
Larry Lane
VR Business Brokers
Serving Collin County, TX
We specialize in small to mid size transactions, and service a variety of industries - freight, food related, business services (signs, graphics, printing), and manufacturing related to name a few. We also specialize in servicing any franchise related business need.
Miami-Dade County, FL
$150,000
REAL ESTATE INCLUDED
Florida
$36,000,000
Cincinnati, OH
$220,000
REAL ESTATE INCLUDED
Windham County, CT
$11,000,000
Portage, MI
$74,999
Available in Multiple Locations
$100,000
Chicago, IL
$190,000
Missouri
Not Disclosed
Cash Flow: $1,500,000
$1,450,000
Illinois
Rochester, NY
$360,000
Butler, AL
$349,000
Sierra Vista, AZ
$170,000
Newark, NJ
$197,000
Douglas County, NE
$250,000
Sevier County, TN
Not Disclosed
EBITDA: $146,894
Lexington, KY
$205,000
Available in Multiple Locations
$75,000
Orlando, FL
$90,000
Hillsborough County, FL
$565,000
$425,000
San Francisco County, CA
Minnesota
$900,000
Baltimore, MD
$215,000
Available in Multiple Locations
$250,000
Birmingham, AL
$189,900
King County, WA
$360,000
Charleston, SC
$127,500
Baton Rouge, LA
$205,000
Raleigh, NC
$215,000
Gus Romas
Brokerocity Inc. Real Estate Brokerage
Serving Lake County, IL
Brokerocity, Inc Featured in Chicago Real Estate Magazine (2016) Competitive, Seller and Buyer Successful Platforms Service Chicagoland, NW Suburban Counties. Certified, Title Company Certified, Auction Platforms. see website. Commercial, Residential, Multi-Family, Rentals, Investments, Restaurant Sales, etc
Akron, OH
$205,000
California
$99,000
$250,000
Sacramento County, CA
Roanoke, VA
$189,900
Gainesville, FL
$197,000
Available Nationwide
$60,000
Savannah, GA
$205,000
Indiana
$175,000
Oyster Bay, NY
$189,900
Columbia, SC
$196,999
Alberta
$2,200,000
Albany, GA
$2,200,000
Rock Hill, SC
$125,000
Utah
$700,000
Irvine, CA
$1,165,000
Available in Multiple Locations
$100,000
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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