Nashville, TN
$1,700,000
Nashville, TN
$1,700,000
Fort Myers, FL
$6,000,000
Orlando, FL
$1,210,000
Louisville, TN
$249,999
New York
$319,200
Portland, FL
$198,990
Florida
$75,000
Akron, LA
$235,000
Canada
$420,000
Myrtle Beach, SC
$1,850,000
Available in Multiple Locations
$50,000
San Jose, CA
$245,000
Bellmore, NY
$450,000
$730,000
Guilford County, NC
Wichita, KS
$197,000
Pittsburgh, PA
$249,890
Ken Oppeltz Don DiSpaltro
Vanguard Resource Gr
Serving San Diego County, CA
Our principals are members of IBBA and CABB, and perhaps the most experienced and professional group in southern California. Our office has sold over 800 businesses, many just like yours! We have sold virtually every type and size of business. From Main Street to lower middle market types of businesses, we can help. Selling a bigger company? Ken Oppeltz is a Merger and Acquisition Master Intermediary and routinely has sold larger companies to investors, other companies, and private equity groups.
Middlesex County, MA
$200,000
Lexington, FL
$210,000
Huntsville, AR
$200,000
Daytona Beach, FL
$800,000
Saint Petersburg, NV
$204,999
Available in Multiple Locations
$75,000
Birmingham, AL
$108,900
Cleveland, AL
$204,990
$3,950,000
Wisconsin
Myrtle Beach, SC
$1,500,000
Mclean County, IL
$2,950,000
Jacksonville, WI
$215,000
Gilbert, AZ
$199,990
REAL ESTATE INCLUDED
Phoenix, AZ
$3,500,000
Raleigh, NJ
$196,999
Salt Lake City, UT
$149,995
Available Nationwide
$250,000
Orange County, CA
$695,000
Atlanta, GA
$2,800,000
$250,000
Sacramento County, CA
Texas
$1,499,000
Myrtle Beach, SC
$75,000
Available in Multiple Locations
$30,000
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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