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DealProspect/Listings/Property

Strata Management Business, Sydney

Property Management

ActivePropertyNew South WalesB2B
Asking price
$2,400,000
Disclosed · AUD
Revenue
$700,000+
TTM
Earnings (est.)
~$259,980
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~9.2×
Assumed · asking ÷ estimated earnings (as advertised)

Brief

  • Well-established and growing strata management business in Sydney
  • Portfolio of approximately 100 body corporate properties comprising 2,000+ residential units
  • Secure contracts typically 12-18 months, ensuring recurring revenue
  • Annual management fee income of $530,779 plus insurance commission income of $171,782
  • Experienced team in place committed to remain and support transition
  • Strong organic growth across existing portfolio with scope for further expansion