Property Management Business for Sale Auckland

Description

Business type: residential room-rental accommodation business

Current status: established operating business

Operating model: managed room-rental portfolio

Primary market: residential accommodation

Owner involvement: oversight-focused

Financial information

Annual revenue at full occupancy: more than $2,245,000

EBPITDA: more than $610,000

Approximate operating expenses: $210,000

Return on investment: stated as strong

Property portfolio

Property portfolio: established

Property locations: selected high-demand areas

Occupancy rates: stated as strong

Additional property acquisitions: identified as a growth opportunity

Customers and market

Primary tenant profile: professionals

Additional tenant profile: tradespeople

Market demand: stated as high

Business reputation: established

Operations

Operating setup: turnkey

Operating systems: established

Day-to-day owner involvement: minimal

Owner responsibilities: financial management, sales performance and tenant pipeline oversight

Operating costs: stated as low

Regulatory framework

Residential Tenancies Act 1986 compliance: stated

Refundable tenancy bonds: held through Tenancy New Zealand according to the source

Total refundable bonds: approximately $106,680

Purchaser obligation: assume a proportionate share of refundable bonds

Expansion options

• Acquire additional properties
• Increase room inventory
• Increase annual revenue
• Expand into additional high-demand locations

Transaction structure

Vendor equity retention: may be available

Vendor continued involvement: may be available

Vendor future role: business development support

Potential buyers

• Owner-operators
• Property accommodation operators
• Residential rental businesses
• Strategic property investors
• Investors seeking a managed operating model