House Sitting / Condo Sitting / Condo Watching Business in South Florida - SOLD
United States, Florida, Broward / Palm Beach
Asking Price:
$319,918
Cash Flow:
Cash Flow (SDE) - The total financial benefit a single owner gets annually, calculated by adding back the owner's salary, perks (like personal use of cars, travel), non-cash expenses (depreciation), interest, and one-time costs to the pre-tax profit. Seller's Discretionary Earnings, or SDE provides buyers with a clearer picture of the business's true cash flow and earning potential.
$97,948
Gross Revenue:
$103,278
Location (Area):
South Florida
FF&E:
FF&E (Furniture, Fixtures, and Equipment) refers to all the movable, non-structural assets used in the business, such as desks, computers, machinery, shelves, and decor, which are included in the sale to keep the business operational and functional for the buyer.
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House Sitting / Condo Sitting / Condo Watching Business in Broward County - SOLD
This opportunity is a House Sitting / Condo Sitting / Condo watching company located in South Florida. The company operates in a unique area where the consumer demographics include many clients that require house-sitting services on a regular basis. In many instances, clients require these services on an ongoing basis. The company charges monthly fees to clients for actively inspecting homes & condominiums on a regular basis. This is a simple business which can be easily learned, but obtaining a customer base of the size of the companies’ would take many years to achieve. The company currently has approximately 400 +/- active clients, many of whom have been clients for years. This business is scalable, and has certain processes in-place. The Seller is open to an extended transition period to help insure clients remain with the acquirer post-sale. Some amount of Seller Financing may be entertained, for qualified buyers.
Market Notes:As the South Florida real estate market has expanded in 2020-2022, many new South Florida homeowners and condominium owners will require services such as the companies' now and for many years to come.
Growth Notes:Company has remained stable and expects clientele to grow due to home sales trends in South Florida in recent years.