How Much Is Your Property Management Business Worth?

If you own an property management business, you might be wondering, “how much is my business worth?”

With season in the rearview mirror, I thought this would be a good time of year to update you on property management business sales throughout Florida and give you some year to date data regarding sales and pricing. Here are some numbers for you to ponder:

13 = the number of property management businesses sold year to date by Business Brokers of Florida Association members.

$186,962 = the average sale price of the sold property management business.

$109,414= the average owner benefit generated in each sold property management business.

1.737 = the owner benefit multiple (sales price divided by owner benefit) of the 13 sold property management businesses.

0.955% = the average percentage down of the 13 sold property management businesses.

What does this mean?

Property management businesses are in high demand in spite of a more conservative and cash strapped buying clientele. If you have been contemplating selling your property management business, now is a great time! Please contact me for a free, no obligation discussion.

Please download a complimentary edition of my July-August 2011 Newsletter here.

For additional information regarding Florida business sales, acquisitions and valuations, please contact Eric J. Gall at eric@buysellswflbiz.com or 800-599-0503. Also, visit our Florida Business Exchange website at www.fbxbrokers.com and my personal website at www.buysellflbiz.com.