REAL ESTATE INCLUDED
Horry County, SC
$7,500,000

REAL ESTATE INCLUDED
Horry County, SC
$7,500,000

Bay Shore, NY
$1,300,000

Burlington, ON
$1,500,000

Palm Beach County, FL
$1,200,000
Dallas County, TX
$12,800,000
Davidson County, TN
$1,160,000
Naples, FL
$50,000
$1,700,000
Waterloo, ON
$675,000
New Jersey
$1,900,000
Available Nationwide
$50,000
Parkland County, AB
Not Disclosed
EBITDA: $559,702
Clermont County, OH
$250,000
$700,000
Alameda County, CA
Frederick County, MD
Not Disclosed
Cash Flow: $164,000
Washington
$545,000
Michael Wildeveld - CBB, CBI, CM&AP, M&AMI, CEPA
Veld Mergers & Acquisitions
Serving Los Angeles County, CA
We strive to help our clients realize their unique definition of success. To achieve this, our team provides a comprehensive service offering aimed at supporting lower middle market business owners at nearly all stages of their company’s lifecycle. Our team has supported over 2,000 clients since 2002 and completed more than 1,150 transactions. This experience, coupled with our history as founders, owners and operators ourselves provides our team with an unparalleled practical knowledge base and real world perspective that is aligned with our clients. When we provide mergers & acquisitions advisory services, explore capital sourcing and deployment options, evaluate valuation drivers or structure a realistic exit plan, we do so knowing that our clients rely on us to help manage what may be their largest asset and the culmination of years of extraordinary efforts. If our client has an interim leadership need, we approach the assignment as if it were our business, reputation, investment and our future retirement at stake – because ultimately it is. The value we provide and the quality of our efforts will make or break a successful engagement. In doing so we are not only able to capitalize on each of our management experiences, but we are also able to draw from best practices learned from working with thousands of clients across all industry sectors. As a result our perspective is broad and our resource base is vast. Our full service approach supports the notion that your business is more than just a transaction to you and us, it’s our business too. Your success translates into our success, just as we shoulder the burden of any failure. As a result we consider ourselves to not only be our client’s solutions advisor, but also their partner.
Not Disclosed
EBITDA: $1,700,000
Pinellas County, FL
$150,000
Kissimmee, FL
$290,000
Cook County, IL
$299,000
Augusta, GA
$196,999
Available Nationwide
$50,000
California
$350,000
$2,200,000
$190,000
Cook County, IL
Vermont
$850,000
Santa Clara County, CA
Not Disclosed
EBITDA: $1,090,000
Myrtle Beach, SC
$2,500,000
Douglas County, CO
$285,000
Lane County, OR
$290,000
REAL ESTATE INCLUDED
Southfield, MI
$2,700,000
Minnesota
$759,000
Available in Multiple Locations
$50,000
REAL ESTATE INCLUDED
Michigan
$1,115,000
Nantucket County, MA
$729,000
$65,000
Owings Mills, MD
Elizabeth, NJ
$197,000
Davenport, FL
$230,000
Available in Multiple Locations
$50,000
Madison, WI
$204,999
Pittsburgh, PA
$197,000
Los Angeles County, CA
$420,000
Austin, TX
$300,000
Atlanta, GA
$300,000
Sung Oh
Q Star Seattle Realty
Serving King County, WA
Catawba, NC
$250,000
Franklin, TN
$25,000
$475,000
Franklin County, OH
Reading, PA
$197,000
Columbus, OH
$1,900,000
Available in Multiple Locations
$60,000
Charleston, SC
$540,000
Nashville, TN
$1,700,000
Florida
$75,000
Wichita, KS
$197,000
Middlesex County, MA
$200,000
Daytona Beach, FL
$800,000
Myrtle Beach, SC
$1,500,000
Mclean County, IL
$2,950,000
Orange County, CA
$695,000
Available Nationwide
$25,000
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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