• Revenues in the range of $200,000
• Normalized EBITDA of about $95,000 per year
• Substantial economies of scale can be achieved by integration with similar property management companies
• Excellent reputation and dedicated customer service
• Diverse rental properties located around Vancouver that can be further expanded through new marketing development
• IT, administrative and accounting systems are well in place and functional
• Business centrally located in downtown Vancouver
• Asking price for a share sale: $400,000
Downtown office strata also available with an estimated appraisal value of $375,000.
Sellers want to wind down their involvement in order to retire and will be a strong asset to the acquirer during the transition phase.
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