Status: Sold
Fresh CAM Business With Potential - Listing #: 51922
| Category | : | Real Estate Related | SIC | : | 6531 | |
| Detail | : | Property Management | Price | : | 175,000 | |
| County | : | Lee | Down | : | 175,000 | |
| State/Prov | : | Florida | Disc Earn | : | 91241 | |
| Country | : | USA | Sales | : | 224,163 |
**NEW LOWER SELLING PRICE**
$230,000 asking price is now $175,000
|
YOU MUST HAVE A CAM LICENSE.. Seller will not allow non-CAM buyers Offers full range of community management services, including vendor payments and management, collecting assessments, preparing budgets and handling the day to day maintenance needs of each community. 17 communities, totaling 1053 units are currently under management. |
| Reason for Sale | : | Retirement & Relocation |
| General Location | : | Southwest Florida |
| Organization Type | : | Corp 'Sub S' Hours Owner Works: 40 |
| : | Years Established: 18 Years Owned: 6 Emp FT: 1 Emp PT: 0 Mgrs: 1 | |
| Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: $0 |
| Operating dys/hrs | : | M-F 9am-4pm |
| Skills/Licenses | : | CAM (Community Association Management) |
| Business | : | Is Relocatable: Y Is Home Based: N Is a Franchise: N Is Lender P/Q: N Should Qualify For Visa: N |
| Data Source | Annualized | Tax Return | ||
| Year (Cash Flow) | 2022 (N) | 2021 (N) | (N) | |
| Gross Revenue | 207,207 | 175,347 | 0 | |
| Cost of Goods | 0 | 0 | 0 | |
| Gross Profit | 207,207 | 175,347 | 0 | |
| Expenses | 195,764 | 162,824 | 0 | |
| Net | 11,443 | 12,523 | 0 | |
| Owner Salary | 50,000 | 50,000 | 0 | |
| Benefits | 16,516 | 15,075 | 0 | |
| Interest Expense | 1,771 | 2,126 | 0 | |
| Depreciation | 0 | 0 | 0 | |
| Other | 6,667 | 6,667 | 0 | |
| Discretionary Earnings | 86,397 | 86,391 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 0 | N* | ___________ | 0 | N* |
| F F & E | 2,000 | Y* | Total Assets | 2,000 | Y* |
| Leasehold | 0 | N* | |||
| *Included? |
| Lease/Month: 1077 | Square Footage: 650 | Building Type: Office |
| Terms & Options: | Expiration Date: 2/1/2027 |
| Loan/Assumable | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Seller | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 | |
| Loan/Other | - Amt: | 0 Mos: | 0 Rate: | 0.00 Mo Pmt: | 0.00 |
| JASON BROOKS | Office | : | (239) 849-9334 | |
| ASSOCIATE | Fax | : | ||
| Home | : | |||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Cell | : | (239) 357-7073 |
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | ||||
| NAPLES, FLORIDA 34105 | : | jbrooks@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |