Lee County, NC
$835,000

Lee County, NC
$835,000
Newark, NJ
$197,000

Douglas County, NE
$250,000

Bend, OR
$650,000
Sevier County, TN
Not Disclosed
EBITDA: $146,894
Lexington, KY
$205,000
Orlando, FL
$90,000
Hillsborough County, FL
$565,000
Minnesota
$900,000
Baltimore, MD
$215,000
Available in Multiple Locations
$50,000
Birmingham, AL
$189,900
King County, WA
$360,000
$1,450,000
Illinois
Charleston, SC
$127,500
Baton Rouge, LA
$205,000
Anthony Domagala
Transworld
Serving Norfolk County, MA
Transworld Business Advisors is the world leader in the marketing and sales of businesses, mergers and acquisitions, and franchises. Whether you represent an acquisition-minded corporation or are personally interested in owning your own company or new franchise, Transworld Business Advisors offers the professional services that successfully bring buyers and sellers together.
Raleigh, NC
$215,000
Akron, OH
$205,000
California
$99,000
Roanoke, VA
$189,900
Gainesville, FL
$197,000
Available in Multiple Locations
$65,000
Savannah, GA
$205,000
Indiana
$175,000
$425,000
San Francisco County, CA
Oyster Bay, NY
$189,900
Columbia, SC
$196,999
Alberta
$2,200,000
Burleson, TX
$300,000
Albany, GA
$2,200,000
Rock Hill, SC
$125,000
Utah
$700,000
Available in Multiple Locations
$50,000
Irvine, CA
$1,165,000
Monongalia County, WV
$89,000
$250,000
Sacramento County, CA
San Antonio, TX
$389,000
San Antonio, TX
$276,000
Available Nationwide
$30,000
Washington
$2,500,000
Eastern Ontario
$1,200,000
Piedmont, AL
$459,000
Flathead County, MT
$369,000
Gilbert, AZ
$187,500
Jason Long
Matthews REIS
Serving Summit County, OH
330-328-4338
North Dartmouth, MA
$225,000
$10,500,000
$5,000,000
Lake County, IL
Buffalo, NY
$189,900
Las Vegas, NV
$189,899
Available in Multiple Locations
$75,000
Jupiter, FL
$256,850
Mckinney, TX
$190,000
Hawaii
$6,500,000
Houston, TX
$279,500
Pittsburgh, PA
$255,000
Canton, GA
$55,000
Tucson, AZ
$196,999
Augusta, GA
$574,900
Finland
$6,120,000
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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