Baltimore, MD
$149,000
Baltimore, MD
$149,000
Louisville, KY
$149,500
Indianapolis, IN
$149,900
Myrtle Beach, SC
$2,500,000
Virginia Beach, VA
$7,424,000
Houston, TX
$40,000
Montgomery, AL
$939,532
Chicago, IL
$1,500,000
Bethany Beach, DE
$27,924,000
Orting, WA
$866,000
Available in Multiple Locations
$50,000
Glendale, AZ
$199,500
Cambria, CA
$8,895,000
$1,450,000
Illinois
Onslow County, NC
$2,550,000
Fort Lauderdale, FL
$300,000
Brent CCIM
Metroport Advisors
Serving Lamar County, TX
At Metroport Advisors we brings decades of real world experience in financial analysis, business development, commercial real estate, and business transactions to the table to serve you. eXp Commercial is an international commercial real estate brokerage with brokers in all 50 states.
Lane County, OR
$369,000
Fairfield County, CT
$1,450,000
Chicago, MN
$204,990
New Orleans, NC
$204,999
Mckean County, PA
$615,000
Available in Multiple Locations
$50,000
Salt Lake City, UT
$275,000
REAL ESTATE INCLUDED
Southfield, MI
$2,700,000
$150,000
Linn County, IA
Macon, GA
$225,000
Riverside, CA
$250,000
Annapolis, MD
$750,000
Minnesota
$759,000
St. Simons Island, GA
$1,260,000
Kitchener Waterloo, ON
$2,900,000
San Antonio, TX
$204,999
Available Nationwide
$40,000
Dallas County, TX
$8,000,000
Pennsylvania
$1,200,000
$250,000
Franklin County, OH
Brentwood, TN
$14,900,000
Sarasota, FL
$75,000
Available in Multiple Locations
$97,500
Nantucket County, MA
$729,000
Birmingham, MS
$197,000
Henderson, OR
$215,000
Davenport, FL
$230,000
South Haven, MI
$154,900
Gary Roberts
Re/Max Bayshore
Serving Kalkaska County, MI
Gary Roberts RE/MAX Bayshore-Kalkaska 303 N. Cedar Street Kalkaska, Mi 49646 (231) 632-5642
Mobile, NM
$158,900
Orange County, FL
$1,200,000
$730,000
Guilford County, NC
Syosset, NY
$399,900
Polk County, FL
$190,000
Available in Multiple Locations
$50,000
Lee County, FL
$110,000
Tokyo
$2,555,000
Hialeah, CT
$205,000
Chesapeake, VA
$204,990
Columbus, TN
$197,000
Los Angeles County, CA
$420,000
Baltimore, OH
$205,000
Los Angeles, CA
$2,400,000
Austin, TX
$300,000
Available in Multiple Locations
$100,000
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.
More for Business Buyers:
Set Up Alerts and Notifications
Business Buyer Learning Center
More for Business Sellers: