Well-established property management company with more than 30 years of experience serving co-ops, condominiums and residential properties throughout Nassau County and New York City. The company currently manages 7 buildings totaling over 250 units, providing ongoing property, financial and project management services.

The business has built a strong reputation through long-standing relationships with building owners and Boards, with new business generated primarily through referrals rather than advertising. Services include budgeting and financial reporting, maintenance oversight, building inspections, vendor and contractor management, capital improvement projects and emergency response.

The company offers an established operating platform, experienced staff, recurring management relationships and significant opportunity for growth. A long-term Operations Manager is expected to remain with the business under new ownership, providing valuable continuity for clients and day-to-day operations. The owner is retiring and will provide a four-week training and transition period, followed by an optional consulting arrangement to help support a smooth transfer of client and operational relationships.

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

Read First Choice Business Broker, Terms of Use before responding to any ad.

Profitable Property Management Firm - Long Standing Relationships

Location: Nassau County, NY

Well-established property management company with more than 30 years of experience serving co-ops, condominiums and residential properties throughout Nassau County and New York City. The company currently manages 7 buildings totaling over 250 units, providing ongoing property, financial and project management services.

The business has built a strong reputation through long-standing relationships with building owners and Boards, with new business generated primarily through referrals rather than advertising. Services include budgeting and financial reporting, maintenance oversight, building inspections, vendor and contractor management, capital improvement projects and emergency response.

The company offers an established operating platform, experienced staff, recurring management relationships and significant opportunity for growth. A long-term Operations Manager is expected to remain with the business under new ownership, providing valuable continuity for clients and day-to-day operations. The owner is retiring and will provide a four-week training and transition period, followed by an optional consulting arrangement to help support a smooth transfer of client and operational relationships.

Listing Number:

Category:

Dana Stetson

Office: (914) 281-1960   |  Cell: (914) 281-1960

License #: 10401396888

Financial Information:

Gross Revenue

$349,000

Listed Price:

$395,000

Lease Information:

Square Feet:

1000

Total Rent:

$2,350

Lease Expiration:

01/2027

Lease Options:

1 option / 2 years

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$25,000

Additional Information:

Full-Time Employees:

1

Part-Time Employees:

4

Training Period:

1 Month

Reason for Selling:

Retiring

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.

Read First Choice Business Broker, Terms of Use before responding to any ad.