24-Yr Established Property Management Company | Contracts in Place - Business for Sale
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Remote HOA Property Management Company in Massachusetts
MA, US
Added today
Home and Property Services, Building & Construction, Business and Professional Services
24 years in business
RemoteAbsentee / Semi-Absentee
This business is a 24-year established property management company serving HOA and condominium associations throughout Massachusetts, operating fully remotely with contracts in place and a recurring revenue model.
Key Information
Asking
$350K
Revenue
$171K
Earnings
$105K
Multiple
3.3x
Key Highlights
- 24 years in operation under the same owner, founded in 2002
- Manages approximately 300 doors across nine HOA and condominium associations, with expansion to 354 doors underway
- Recurring monthly management fees average $30 per unit
- Business is fully remote and relocatable; 98% of work is virtual
- Owner spends 1-2 hours per day managing the business
- No full-time W2 employees; supported by a part-time accountant and outside CPA
- Industry-standard property management software subscription ($600-$700/month) included
- Seller financing may be available for qualified buyers
- Contracts are typically three years with built-in escalators
Contact Info
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