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Full Service Residential Rental Firm (#1407)

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With over twenty-five years servicing property owners within the local community the business has built a substantial pipeline of referral based clientele. The founder/owner is retiring. 2017 revenue is currently traveling at $280,000.00 and yearend cash-flow to the owner is estimated to be more than $115,000.00. The Business is a full-service residential property rental firm that only manages long-term leased properties. In addition, the company prides itself in dealing with higher quality tenants that in turn rent for a longer term.  The company takes the hassle out of property management so that homeowners can enjoy their investment property without being the landlord. The firm is well known for maximizing rents and shortening vacancies and for the past 7-years running at 98% occupancy. The business is showing steady growth while maintaining approximately 90-100 homes on any given month. The businesses reoccurring revenue is supported through one-year contracts with automatic renewal clauses.  The firm’s clients and staff communicate and operate through the most up to date website portal allowing tenants to submit maintenance requests, make rental payments, sign documents online and for the staff to communicate back to its tenants and property owners.  The business hours are Monday – Friday 8:30 AM- 5:00 PM. This business does not have repair and maintenance services in-house which is a growth opportunity to increase customer service, revenue, and profit.

This business would appeal to a broad base of purchasers from strategic to financial buyers. Seasoned staff is in place to run the day to day business.

Listing Price: $350,000.00

Revenues: $278,973.00
Adjusted Cash Flow: $114,295.00
Location: Southwest Florida
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Larry Lawson

Name: Larry Lawson
Phone: 813-773-3773
Email: (use form below)

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Contact Us

Viking Mergers & Acquisitions
(Main Office)

17250 Lancaster Hwy, Suite 601
Charlotte, NC 28277
Phone: 704.676.0940
Toll Free: 888.676.0940
Fax: 800.606.4597

Cornelius, NC Office
18809 West Catawba Ave, Suite 102
Cornelius, NC 28031
Phone: 704.676.0940

Asheville, NC Office
18 Regent Park Blvd, Suite D
Asheville, NC 28806
Phone: 828.242.8141

Charleston, SC Office
2036 eWall Street
Mount Pleasant, SC 29464
Phone: 843.405.8575

Greenville, SC Office
600 E Washington St, Suite 608
Greenville, SC 29601
Phone: 864.626.6056

Tampa, FL Office
1000 N Ashley Drive, Suite 610
Tampa, Florida 33602
Phone: 813.773.3773


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