Absentee Owner Property Management & Real Estate Business for Sale

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Financial Details

Asking Price:
$901,109
Annual Revenue:
$1,513,631
Cash Flow / SDE:
$378,549
Profit Metric:
Adjusted Net Income
Valuation Multiple:
2.4x
Location:
Las Vegas, NV, US
Source:
Date:
September 24, 2025

Key Highlights

Total Absentee Owner Operated: Business runs smoothly with existing employees willing to stay.
Strong Financials: Net income over $370,000 with $1.5M+ in gross revenue.
Established Business: Operating since 2011 with a steady and profitable history, even through COVID.

Description

This is a unique opportunity to acquire a well-established, absentee-owner operated property management and real estate company located in Las Vegas, Nevada. The business boasts 260 doors under management and is structured for seamless transition, with all current employees willing to remain with the new owner. The seller dedicates time to real estate activities, generating half of the company's listings through property management clients, indicating a strong synergy between services. An ideal buyer would possess a property license and real estate license. The business has demonstrated resilience, remaining steady and profitable even during the COVID-19 pandemic. Comprehensive support and training will be provided to ensure a smooth handover. The seller has meticulously prepared the business for sale with CPA assistance, with all necessary due diligence documents readily available, including tax returns, leases, financial statements, and equipment lists.

Industry Information

Industry Description:
Property Management and Real Estate Services
Classification:
Other

Operational Snapshot

Year Established:
2011

Real Estate & Lease

Status:
Not_included

Assets & Inventory

FF&E Value:
$0 USD
Includes FF&E:
Yes

Broker Contact

Name:
Ciro 'Vic' Coppola
Company:
First Choice Business Brokers
Phone:
(702) 368-2500

Listing Details

Listing ID:
94d19182-111e-427a-8b7c-1cd1ec73e63e
Source Listing ID:
20521
Deal Status:
Sold
Last Updated:
September 24, 2025
Currency:
USD

Features & Tags

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Tags & Categories
Property Management Real Estate Absentee Owner Service Business Commercial B2B