Jupiter, FL
$256,850
Jupiter, FL
$256,850

Mckinney, TX
$190,000

Hawaii
$6,500,000
Houston, TX
$279,500
Pittsburgh, PA
$255,000
Canton, GA
$55,000
Montgomery County, OH
$275,000
Allentown, IN
$196,999
Augusta, GA
$574,900
San Francisco, CA
$725,000
Available in Multiple Locations
$100,000
Finland
$6,120,000
Williamson County, TX
$485,000
$90,000
Delaware County, PA
San Diego County, CA
$1,300,000
REAL ESTATE INCLUDED
Horry County, SC
$7,500,000
Conrad and Carrie Topacio
Vantage Commercial Partners
Serving King County, WA
Vantage Commercial Partners, Carrie and Conrad Topacio, are a full-service Commercial Real Estate team with extensive experience in Business Acquisitions, Sales, Commercial Property Investments, Leasing, working with EB2 and EB5 Visas. Our philosophy is to go above and beyond the expectations of clients by providing a variety of unique services from transaction negotiation, landlord lease negotiations, business appraisals, helping secure a lender, help with attaining licenses and permits, interfacing with the liquor control board or the gambling commission. Carrie and Conrad have over twenty years of experience of working together. Their goal is to make you feel comfortable and to make your dreams a reality.
Portland, OR
$750,000
Portland, OR
$750,000
Bay Shore, NY
$1,300,000
La Jolla, CA
$129,000
Orange County, CA
$245,000
Available in Multiple Locations
$150,000
Burlington, ON
$1,500,000
Palm Beach County, FL
$1,200,000
$6,999,999
New York
Dallas County, TX
$12,800,000
Davidson County, TN
$1,160,000
Troy, MI
$50,000
Naples, FL
$50,000
$2,250,000
Waterloo, ON
$675,000
New Jersey
$1,900,000
Available in Multiple Locations
$50,000
Parkland County, AB
Not Disclosed
EBITDA: $559,702
Fontana, CA
$350,000
$120,000
Dallas, TX
Clermont County, OH
$295,000
Frederick County, MD
Not Disclosed
Cash Flow: $164,000
Available Nationwide
$50,000
Washington
$545,000
Frederick County, MD
$1,600,000
Not Disclosed
EBITDA: $1,700,000
Pinellas County, FL
$150,000
Kissimmee, FL
$260,000
Michelle Vandergrift
Keller Williams Lynchburg
Serving Bedford County, VA
Cape Coral, FL
$370,000
Columbus, VA
$197,000
$300,000
Los Angeles, CA
Mount Pleasant, SC
$196,999
Miami, FL
$35,000,000
Available Nationwide
$25,000
North Carolina
$50,000
California
$350,000
Paterson, NJ
$199,500
$2,200,000
Vermont
$850,000
Kissimmee, FL
$120,000
Orlando, FL
$40,000
Santa Clara County, CA
Not Disclosed
EBITDA: $1,090,000
Davidson County, TN
$700,000
Available in Multiple Locations
$110,000
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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