Rent Roll Business with 98 Properties!

Established in 2020, this property management business has rapidly positioned itself as a market leader in New Zealand’s rental sector. With its primary operations centered in Christchurch, it presents an excellent opportunity for a new owner-operator to enter or expand in the rent roll industry.

The business has successfully penetrated both the long-term and short-term rental markets, building a diverse portfolio that mitigates risk and maximises growth potential. The Christchurch branch, at the core of its operations, is supported by an experienced team of property managers and administrative staff, ensuring smooth and efficient daily operations.

Business Features:

• Wide, diversified property portfolio
• Strong client and tenant relationships
• Organically grown business with solid foundations
• Small, engaged team delivering personalised service
• Extensive geographical coverage in fast-growing regions

Opportunities:

• Strong Cashflow: Consistent revenue stream from property investors.
• Synergies: Potential to expand into complementary services, including repairs and maintenance, development, and accounting, among others.

With 98 managed properties and an average management fee of 8.58%, the business generates robust annual revenue from property management fees alone. Its strong foundations, combined with a presence in high-growth areas, provide significant potential for future expansion.

This is a unique opportunity for an aspiring owner-operator to acquire a profitable and well-established rent roll business, ready to continue its successful trajectory.

How are Rent Rolls Valued?

Rent rolls and property management businesses are typically valued based on projected annualized 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.

Take advantage of the current market positioning and secure your place in this thriving industry – enquire now!

Hamish Turner,  [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. 

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