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Property Management Residential Rental Brokerage In Vancouver For Sale

Vancouver, British Columbia
Asking Price:
$50,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$80,000 (CAD)
Cash Flow:
$30,000 (CAD)

This property management brokerage that specializes in residential property management is for sale. Growing business good customer base, established ongoing rentals all systems and website for sale with the business.

Property information

Real Estate:

Lease

Lease Terms:

lease until Dec 2019 then month to month or 1 year lease can be extended

Leasehold Rent:

$19,000 (CAD) per annum

Location:

Yaletown

Premises Details:

1 year rental ends Dec 2019

Size in square feet:
200
Planning Consent:

no

Business Operation

Expansion Potential:

The rental Market for residential property in Vancouver is very strong housing supply is a limited number of tenants is high, number of good quality tenants is high, lots of owners who need full management or tenant placement, business with ongoing revenue that builds month on month, opportunities across the lower mainland for expanding the business.

Competition / Market:

There is competition from other property management companies and realtors and some owners manage themselves but there are many vacant an empty units and the new taxes are forcing the owners to rent so the demand is high.

Reasons for selling:

Ill health

Trading hours:

9 - 5 monday to Friday some evenings required

Employees:
0
Years established:
2015

Other Information

Support & training:

full training and manual provided

Furniture / Fixtures value:
$8,000 (CAD) - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

    1. Your Address

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