47730
Profitable Property Management
Available for Acquisition
(Client #47730)
Business Description
Ostir Business Brokers Ltd. has been exclusively engaged to market an established and profitable Winnipeg Business which has developed a strong market position in Manitoba as a full service Property Management Company with a strong Renovation Business division. The Business has expertise managing a range of property types including single-family, multi-family and large commercial properties. The Business features excellent human resources including a strong project management team which has helped it to differentiate it from the competition.
Current annual sales are approximately $2,500,000 with an EBITDA of approximately $850,000.
Acquisition Considerations
Our client represents an excellent acquisition opportunity for existing real estate industry service participants including property management, property renovation (repairs and maintenance) and service contractors (Electrical, Plumbing, and Clearing/Janitorial businesses) as well as individual entrepreneurs. Prospective purchasers should be attracted to Company’s strong sales and profitability and excellent reputation and strong human resources. An existing industry participant could potentially achieve significant operating efficiencies.