Very Profitable Semi-Absentee Run Condo HOA Management Firm
Asking Price: | $395,000 |
Gross Revenue: | $685,616 |
FF&E: | $15,000 |
Cash Flow: | $175,000 |
Rent: | $4,000 |
Established Year: | 2005 |
This is a solid and highly profitable business currently being run on a semi-absentee basis in the Sarasota region. They have built huge inroads into the community and coast on 100% Word of Mouth Referrals with virtually no advertising. They have a great facility with a massive conference room perfect for HOA meetings! They have an experienced and well trained tenured staff in place. The current owner works two weeks about 25hrs/week and then takes two weeks off and works from his phone in Georgia. Two on/Two off!!! This business requires no previous experience or knowledge as the new owner will learn on-the-job.
To become a Certified CAM requires a 2 day course and a 100 question test, that’s it! There are multiple streams of revenue which can be grown and added to as well. This is the Quintessential streamlined and refined Property Management Business and it won’t last long!!! Give me a call, and yes I do actually answer the phone!
To expedite disclosure, please sign our online NDA at: https://www.gulfcoastbas.com/online-nda
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