Established Property Management Firm for MultiFamily Units - Business for Sale
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Multifamily Property Management Firm in Milwaukee, WI
Milwaukee, WI, US
Added 4 months ago
Property Management Services
Absentee / Semi-Absentee
Property management and maintenance firm serving primarily multifamily housing clients in Milwaukee and Kenosha, Wisconsin, with over 15 years of operation.
Key Information
Asking
$3.9M
Revenue
$3.6M
Earnings
$1.0M
Multiple
3.7x
Key Highlights
- 2022 sales were $3,628,577
- Assets included in the sale are valued at approximately $450,000 (company vehicles, deposits, and accounts receivable)
- Client base is 85% multifamily housing/apartments, 10% single family homes (multi-unit), and 5% commercial
- Business has operated for over 15 years in the Milwaukee & Kenosha area
- Staff includes a Controller, two Senior Vice Presidents, a Superintendent, 3 Property Managers, 3 Maintenance staff, and 1 Office Administrator
- Owner is willing to roll up to 25% equity and provide a 4–5 year transition period
- Two banks have pre-approved the loan for a qualified buyer with 10% down and 65% lender financing
Contact Info
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