REAL ESTATE INCLUDED
Southfield, MI
$2,700,000
REAL ESTATE INCLUDED
Southfield, MI
$2,700,000
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
Dallas County, TX
$8,000,000
Pennsylvania
$1,200,000
Available in Multiple Locations
$60,000
Brentwood, TN
$14,900,000
Sarasota, FL
$75,000
$190,000
Cook County, IL
Nantucket County, MA
$729,000
Birmingham, MS
$197,000
Ronald Langman
The RL Group Acquisition Specialists
Serving Alachua County, FL
The RL GROUP Acquisition Specialists has been serving Florida Business Owners for 25+ years. Established in West Palm Beach, Florida, 1987 we now are based in Ormond Beach, Florida and serve both South Florida and North Florida in the sale of privately owned businesses. The RL GROUP was built with a singular purpose: to assist private business owners in realizing the value of their companies from a successful sale, merger or divestiture. All services, staff and resources are focused to achieve this singular objective. The RL GROUP assist business owners in defining options and implementing strategies which enable them to exit their business on their own terms and at the most appropriate time.
Henderson, OR
$215,000
Davenport, FL
$230,000
South Haven, MI
$154,900
Mobile, NM
$158,900
Orange County, FL
$1,200,000
Available in Multiple Locations
$75,000
Syosset, NY
$399,900
Polk County, FL
$190,000
$1,450,000
Illinois
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
Available in Multiple Locations
$75,000
Los Angeles, CA
$2,400,000
Austin, TX
$300,000
$150,000
Linn County, IA
Atlanta, GA
$300,000
Brevard County, FL
$990,000
Available Nationwide
$50,000
Utah
$1,500,000
Catawba, NC
$250,000
Mobile, TN
$210,000
Siesta Key, FL
$9,300,000
Franklin, TN
$25,000
Jay Feinberg
Mid Atlantic Commercial Real Estate
Serving Orange County, NY
Weatherford, TX
$42,500
Reno, GA
$196,999
$250,000
Franklin County, OH
Ontario
$1,350,000
El Paso, OH
$205,000
Available in Multiple Locations
$100,000
Toledo, OH
$204,990
Las Vegas, MO
$245,000
Columbus, OH
$1,900,000
Arlington, VA
$220,000
Otsego County, MI
$70,000
Charleston, SC
$540,000
REAL ESTATE INCLUDED
Washington County, TX
$725,000
Virginia Beach, PA
$210,000
Nashville, TN
$1,700,000
Available Nationwide
$50,000
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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