Off-Market Deal Flow: Property Management in Coastal Florida
For those looking to acquire a property management business in a growing Florida market, this company offers a unique off-market opportunity. Located in Volusia, FL, this company operates in the lucrative space of nonresidential property management, benefiting from Florida’s booming real estate and commercial leasing markets.
Financial Overview
- Annual Revenue: $4,194,000
- Employee Count: 8
- Year Established: 2022
- Location: Volusia County, FL
Estimated EBITDA
Property management businesses typically operate on EBITDA margins between 15% and 25%, depending on contract structure, operational efficiency, and asset-light scalability.
Using an estimated 20% EBITDA margin, this business likely generates around:
Estimated EBITDA: $838,800
Market Considerations
- New but Growing Business: Established in 2022, this company is relatively young but has quickly built a multi-million-dollar revenue stream.
- Steady Real Estate Market: Located in the Deltona-Daytona Beach-Ormond Beach metro area, an area known for strong real estate demand and commercial development.
- Local Competition: The property management space is competitive, with nearby firms like Goldcrest Properties, Tidal Property Management Inc., and Pelican Plaza providing alternative options for landlords.
Valuation Estimate
Applying industry EBITDA multiples for property management businesses, which typically range from 4x to 7x EBITDA, we can estimate the business’s value:
- Low-end (4x EBITDA): $3.35M
- Mid-range (5x EBITDA): $4.19M
- High-end (6x EBITDA): $5.03M
Given its recent establishment and modest employee size, it would likely trade in the 4x to 5x range, putting an estimated value between $3.35M and $4.19M.
Why This Business?
- Scalable with recurring revenue from property management contracts
- Located in a growing Florida coastal market
- Established revenue stream in just two years
This opportunity may be ideal for an investor looking to expand their real estate holdings, a brokerage firm adding property management services, or an entrepreneur with experience in leasing and commercial real estate.
The business is off-market, but paid subscribers receive contact information for the featured business along with a lead list of similar businesses located around the United States.
