Strata Management Business, Regional Victoria (700 Lots)

Strata Management Business, Regional Victoria (700 Lots) — Professional Services · Northern Regional Victoria · Asking $900,000 · Revenue $420,000

Body corporate/strata management business in a fast-growing northern regional Victoria area, just over an hour from Melbourne Manages approximately 700 lots with several income streams in addition to fees Long-established with fixed fee contracts in place and potential for further growth Sale includes goodwill, database, software and business name Experienced staff keen to remain with the…

DealProspect/Listings/Professional Services

Strata Management Business, Regional Victoria (700 Lots)

Property Management

ActiveProfessional ServicesVictoriaB2B

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Asking price

$900,000

Disclosed · AUD

Revenue

$420,000

TTM

Earnings (est.)

~$139,986

Estimated · comparable listings of this type and size

Implied multiple (assumed)

~6.4×

Assumed · asking ÷ estimated earnings (as advertised)

Brief

Body corporate/strata management business in a fast-growing northern regional Victoria area, just over an hour from Melbourne
Manages approximately 700 lots with several income streams in addition to fees
Long-established with fixed fee contracts in place and potential for further growth
Sale includes goodwill, database, software and business name
Experienced staff keen to remain with the business; transition assistance offered

Property management businesses in Victoria

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Listed

active

Median asking

$815K

8 priced

Median revenue

$330K

9 disclose

Earnings multiple

6.5×

14 listings

Asking price spread8 of 10 state a price

This listing · $900K

13%

63%

13%

$250K–$500KOver $5M

Australia 19

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