Fayetteville, AR
$189,900
Fayetteville, AR
$189,900
Gilbert, AZ
$187,500

Macon, GA
$225,000

Riverside, CA
$250,000
Annapolis, MD
$750,000
Not Disclosed
Cash Flow: $2,774,000
Broken Arrow, OK
$189,899
Las Vegas, NV
$189,899
Cincinnati, OH
$189,900
Denver, CO
$2,000,000
Available in Multiple Locations
$250,000
Raleigh, NC
$189,900
North Olmsted, OH
$400,000
$259,000
Miami, FL
Mckinney, TX
$190,000
Hawaii
$6,500,000
Patrick Steffl
Murphy Business & Financial Corporation
Serving Minnehaha County, SD
Murphy Business and Financial Corporation is one of the largest and most trusted business brokerage firms in North America. Patrick is owner of Murphy Business of Minnesota, LLC
Plano, TX
$200,000
Cary, NC
$210,000
Minneapolis, MN
$265,000
Pittsburgh, PA
$255,000
Canton, GA
$55,000
Available in Multiple Locations
$75,000
Montgomery County, OH
$275,000
Allentown, IN
$196,999
$425,000
San Francisco County, CA
Augusta, GA
$574,900
Orting, WA
$866,000
San Francisco, CA
$725,000
Finland
$6,120,000
Williamson County, TX
$485,000
San Diego County, CA
$1,500,000
REAL ESTATE INCLUDED
Horry County, SC
$7,500,000
Available in Multiple Locations
$75,000
Portland, OR
$750,000
Portland, OR
$750,000
$250,000
Sacramento County, CA
Bay Shore, NY
$1,300,000
La Jolla, CA
$129,000
Available in Multiple Locations
$60,000
Orange County, CA
$245,000
Arlington Heights, IL
$5,900,000
Burlington, ON
$1,500,000
Palm Beach County, FL
$1,200,000
Dallas County, TX
$12,800,000
DJ Talarico
Transworld Business Advisors Spokane WA
Serving Spokane County, WA
Our team is passionate about helping small and mid-sized companies navigate the complex waters through the sale, acquisition or growth of an organization. Our services include buyer representation, seller representation, preparation for sale, business valuations, franchise sales, and franchise development. Established in 1979, Transworld Business Advisors has 250+ offices and 600+ brokers worldwide. To learn more about Transworld Business Advisors of Spokane or to schedule a consultation with one of our brokers, visit our website at tworld.com/locations/spokane or call 509-394-4150.
Davidson County, TN
$1,160,000
Troy, MI
$50,000
$150,000
Linn County, IA
Naples, FL
$50,000
$2,250,000
Available in Multiple Locations
$55,000
Waterloo, ON
$675,000
New Jersey
$1,900,000
Parkland County, AB
Not Disclosed
EBITDA: $559,702
Fontana, CA
$350,000
Clermont County, OH
$295,000
Frederick County, MD
Not Disclosed
Cash Flow: $164,000
Washington
$545,000
Frederick County, MD
$1,600,000
Not Disclosed
EBITDA: $1,700,000
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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