Sold

Commercial Property Management Success

SOLD

$266,000 *Cash Surplus in past 12 months.

Continuous sales & profit growth. Owner works part-time hours. Commercial clients only.

Simple & very successful business model. Tremendous potential.

Since 2017 this business has offered a full personalised management service for landlords. This allows the landlord to be a hands-off owner, while knowing that the management of their commercial building investment is being taken care of professionally and competently.

The business has an excellent team who have a wealth of experience and established networks of industry professionals. It also has a strong portfolio of clients and manages a large number of buildings and tenants. All clients are under contract.

The vendor's role entails a variety of general management and property management specific tasks. Across the past two years he has on average worked between 20 and 30 hours per week.

This business could be run by a variety of different people. Some skills and experience such as real estate knowledge, the ability to read and understand a deed of lease, negotiation skills, commercial or business experience and people management experience will all be a great benefit. You may have experience as a tenant, a landlord, a manager, a real estate salesperson, a business broker, in a legal role, or as an accountant or similar, all of which could serve you well.

The vendor will ensure a thorough handover to a new owner and this could include becoming a long-term contractor or consultant. The details of any such arrangements will be discussed during the sale process.

Asking Price $795,000.

To find out more, visit the Barker Business website, search #3530 and submit an online Confidentiality Agreement. Once Geoff receives your expression of interest he will be in touch. An Information Memorandum will be shared with approved parties.

* Cash Surplus equals EBPITDA. Source information supplied by the Business Owner.
Licensed REAA 2008. Copyright Barker Business Brokerage Ltd 2023.

Details

Region Auckland
Price SOLD
Business ID 3530
Category Professional

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What our clients say

"I can't thank you enough" - Geoff

"I can't thank you enough" - Geoff

After reaching out to you in a time of need, I can’t thank you enough...

"I couldn't have done it without you" - Jayne

"I couldn't have done it without you" - Jayne

I just wanted to send a quick note to say a massive thank you for everything...

"A Skilled Mediator Between the Parties" - Bridget

"A Skilled Mediator Between the Parties" - Bridget

We have the utmost confidence in recommending Bridget as a highly skilled...

"Jayne Gets My Full Recommendation" - Jayne

"Jayne Gets My Full Recommendation" - Jayne

  Jayne is hard worker and very professional. She was very responsive...

"Exceptional Dedication and Professionalism Through Every Challenge" - Alan

"Exceptional Dedication and Professionalism Through...

Thank you so much for your incredible dedication in working through the...

"Pleased to recommend his services" - Greg

"Pleased to recommend his services" - Greg

I recently worked with Greg on the sale of my accountancy practice, and...