Price
Refer to Broker
Profit *
Refer to Broker
Sales Revenue
$88,632
Location
Wellington Region, Wellington Central
Category
Professional, Property/Real Estate
Listing #
EL04681
Business Broker
Hamish Turner & Associates
Seize a unique opportunity in boutique property management!
This rent roll has cultivated a loyal client base, many of whom have transitioned from other companies, attracted by the company’s personalised approach and meticulous attention to detail.
This is an exceptional opportunity to step into a well-respected business with strong foundations, a skilled manager who handles operations, and ample room for growth in an evolving market.
Key Features:
Managing 28 tenancies across 21 clients with an average weekly residential rent of $707.84, this business shows consistent demand and profitability. Seasonal rent adjustments during the winter months have created a future growth opportunity as market demand returns.
The virtual tour camera and iPad used are available as part of the sale, streamlining the transition for a new owner.
Don't miss out – enquire now!
How are Rent Rolls Valued?
Rent rolls and property management businesses are typically valued based on projected annualised management fee income, rather than EBITDA. This approach highlights the strong potential for capital growth, making these businesses particularly attractive to Purchasers. For further details on rent roll valuations, please contact the broker listed below.
Hamish Turner, 027 5699 991, [email protected]
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#wesellbusinesses #propertymanagement #hamishturner #rentrollforsale #wellington
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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Business Broker
Hamish Turner & Associates
For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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