Key West, FL
$9,224,000
Key West, FL
$9,224,000
Vermont
$850,000
Lake County, FL
$550,000
REAL ESTATE INCLUDED
Bradenton, FL
$895,000
Kissimmee, FL
$120,000
Orlando, FL
$40,000
Santa Clara County, CA
Not Disclosed
EBITDA: $1,090,000
Davidson County, TN
$700,000
Boston, NC
$235,000
Charlotte Court House, VA
$139,900
Available in Multiple Locations
$50,000
Kansas City, MO
$145,000
Baltimore, MD
$149,000
$200,000
Kings County, NY
Louisville, KY
$149,500
Indianapolis, IN
$149,900
Randy Hendershot, CBB
Evolution Advisors
Serving Placer County, CA
Evolution provides a full range of professional services to anyone considering Buying or Selling a Business, including Valuation, Exit Strategies, Financing or anything else related to the sale or purchase of a business. Evolutions approach is unique and proven to work.
Myrtle Beach, SC
$2,500,000
Virginia Beach, VA
$7,424,000
Houston, TX
$40,000
Chicago, IL
$1,500,000
Deschutes County, OR
$3,500,000
Available in Multiple Locations
$100,000
Orting, WA
$866,000
Glendale, AZ
$199,500
$425,000
San Francisco County, CA
Cambria, CA
$8,895,000
Onslow County, NC
$2,550,000
Fort Lauderdale, FL
$300,000
Lane County, OR
$369,000
Fairfield County, CT
$1,450,000
Chicago, MN
$204,990
New Orleans, NC
$204,999
Available in Multiple Locations
$75,000
Mckean County, PA
$615,000
Salt Lake City, UT
$275,000
$500,000
DuPage County, IL
REAL ESTATE INCLUDED
Southfield, MI
$2,700,000
Macon, GA
$225,000
Available in Multiple Locations
$50,000
Riverside, CA
$250,000
Annapolis, MD
$750,000
Minnesota
$759,000
St. Simons Island, GA
$1,260,000
Kitchener Waterloo, ON
$2,900,000
ROBERT FUERST
REF REALTY INC.
Serving Miami-Dade County, FL
Realtor Rob is one of the top Commercial Agents in South FL. Whether its buying or selling I am the man for the job. I have conducted many Business Sales over the years and supply custom forms prepared by attorneys to make the process simple and easy. I also work with a team of attorneys to protect you, and your transaction. I will evaluate your Business and get you top dollar. So give me a call today so we can start the process. My cell number is 954-347-6831.
San Antonio, TX
$204,999
Dallas County, TX
$8,000,000
$250,000
Folsom, CA
Pennsylvania
$1,200,000
Brentwood, TN
$14,900,000
Available in Multiple Locations
$250,000
Sarasota, FL
$75,000
Nantucket County, MA
$729,000
Birmingham, MS
$197,000
Henderson, OR
$215,000
Davenport, FL
$230,000
South Haven, MI
$154,900
Orange County, FL
$1,200,000
Syosset, NY
$399,900
Lee County, FL
$110,000
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.
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