Colorado Central Mountains Property Management Company
This 36 Year Old Property Management Company had over 90% Recurring Revenues and more than 70% of their customers were customers for at least 10 years. This business worked with Homeowners Associations with anything they needed: indoor/outdoor maintenance, cleaning, emergency services, etc. They were the largest local HOA management company in their county and community with approximately 60 current HOA’s with a couple of them being over 1000 units. Plus, they were still growing and adding more buildings and units to their portfolio. They had an A+ rating with the Better Business Bureau and a great reputation locally.
The business had three owners. One of them was of retirement age which is why they decided to look for a Denver Business Broker to help them sell their business. Plus, one of the other owners who was also the property manager wanted to stay on as the property manager.
With their unique situation, they knew they needed an expert and someone who sold property management companies before and found Jeff Chapman Eisnaugle. Jeff was impressed by this business and started marketing it to his list of buyers who had specifically looked at buying property management here in Colorado along with marketing it on several other sites on the internet. Jeff found several buyers who made offers to purchase this business, and not only did he sell it quickly, but it also went for above-asking price. The sellers were very happy with the outcome.
If you want to sell your Colorado business contact Jeff today at – https://businessbrokercolorado.com/