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San Diego

  • Listing No.: 106-15230

  • Category: Service

Asking Price $915,000
Down Payment $915,000
Gross Revenue $360,236
Total Adjusted Net Income $269,527
Equipment/Fixtures $3,000
Year Established 2006
General Location San Diego
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San Diego, CA - Commercial and Apartment Property Management Company with a portfolio of 109 commercial doors (20 bldgs.), 39 apt doors (9 bldgs.) and 1 mixed use bldg. with 14 units. Seller's projected adjusted net income for this year is $269,000 (free cashflow). The office space is month-to-month and could easily be consolidated with your current office space. The books are clean and verifiable. The portfolio is centrally located in the city of San Diego. The Seller is semi-retiring but plans to keep the leasing portion of the business unless motivated otherwise. The business uses Yardi software to manage their properties. Portfolio acquisition can be one of the best ways to increase your ROI. Call to be prequalified and to further understand the risks of this investment.  This profitable business will sell fast.

Gross Revenue $360,236 Listed Price $915,000
Total Income $269,527 Down Payment $915,000
Base Rent $2,500 Square Feet 800
Total Rent $2,500 Lease Expiration
Rent Deposit $0 Lease Options Month to Month
Inventory $0 Leasehold Improvements
Equipment/ Fixtures $3,000 Other Assets
Full-Time Employees 1 Training Period 30 days
Part-Time Employees 1 Special License Required DRE Brokers License
Contract Staff 0 Reason for Selling Retirement

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.