Available

33 Year Property Management Company | Bergen County, NJ | 32% Net Margin | 27% YoY Growth

Custom Shirts, Hats & More | Multi-Channel

Asking Price:

$3,500,000

Sales:


$2,035,328

Profit:

$651,890

Year Established:

1992

Multiplier:


5.37

A SellerForce® offering, this Property Management Firm has 33 years of experience managing condominiums, homeowners’ associations, and active adult communities in New Jersey.

In the past three decades, this business has provided comprehensive real estate services to housing communities across the Garden State, including HOA management, financial reporting, vendor oversight, insurance accounts, and collection services. The company has excelled at establishing longstanding and trusted relationships with its many clients, and thanks to the company’s solid emphasis on superior customer service, the business maintains a very low churn rate. Clients stay with this business long-term, and the company and its experienced team expertly managing 6,000+ client accounts.

Another key strength this company has is that it’s a mid-level property management firm. With 26 professional and skilled employees, the company is capable of managing plenty of accounts and is able to give each client far more expertise in property management than smaller agencies. At the same time, the company has focused on giving each client the individual attention and specialized services they need, far more effectively than larger property management firms that don’t make a similar commitment.

That personalized service across such a large and diverse portfolio has enabled this business to continue growing, enjoying 32% Net Profit Margins today, which includes a 27% year-over-year growth rate in 2024. The company is now earning $141,000 in monthly revenue while its customer acquisition costs are very low. Word-of-mouth referrals and customer testimonials have been the company’s main marketing tool, although they also promote organic traffic to their website through social media accounts (including nearly 2,000 followers on X) and from an educational blog on their website.

The buyer of this offering will get the experienced team and solid recurring revenues from the company’s many accounts. This will be an easy business to scale quickly. The new owner could expand services into new states, have the business start managing rental properties, and use new digital marketing tools to drive sales higher.

Contact SellerForce today to learn more about this unique investment opportunity.

Listing ID: SF477

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