180 Doors, 12-Year Contracts, $202K SDE - Reno PM Co For Sale
Listing Number: 60371-353132
Listing Details
- Down Payment: $0
- Sales: $359,120
- Seller's Discretionary Earnings: $218,836
- Inventory: $0
- Furniture, Fixtures, and Equipment: $7,000
- Rent: $2,588
- Employees: 3
- Year Established: 2016
- Reason for Selling: Moving on to other ventures.
Business Description
This established property management company has quietly built one of the most defensible books of business in Northern Nevada. With 180 properties under management, 80 owners, and long-term full-service contracts in place, revenue is sticky and predictable, not dependent on chasing new clients.
The Numbers:
• Annual Revenue: $360,000
• Seller's Discretionary Earnings: $202,000
• Asking Price: $600,000
• FF&E: ~$7,000
The business operates from a professional office in Reno, NV with a lease in place through late 2027. The seller will provide 14 business days of training to ensure a smooth transition.
Ideal Buyer:
This opportunity is best suited for a licensed Nevada real estate professional looking to own a scalable, recurring-revenue operation. Buyer must hold an active Nevada Real Estate license, Property Manager license, and Broker license (or be prepared to obtain them).