Price: $750000

Location: Ottawa

Province: Ontario

Description

Profitable Property Management Franchise for Sale in Ottawa ON Property Management Franchise for Sale in Ottawa ON Canada. This Franchise business for sale provides turn-key private suites to professionals. These suites are fully equipped and professionally furnished and then rented. Before COVID, the occupancy of suites was almost at 100% but currently sits above 80% occupancy. Tenant leases are five years with one-year terms. The franchisor has a well-designed, SEO-optimized corporate website that attracts new clients both to the tenants as well as new potential tenants. This property management franchise is a semi-absentee business with no employees and can be operated semi-remotely by an owner(s). The franchisor runs effective marketing and advertising campaigns to increase brand awareness.

The current owner has implemented sound processes and strategies during the COVID-19 pandemic and has positioned the business well for future growth. All furniture, fixtures, and equipment are in good working condition. Significant growth opportunities in this business. Financing options are available.

LISTING DETAILS

Total Sales: $426,000

Cash Flow: $119,000

FFE: $388,000

FFE Included: Yes

Operation

Year Established: 2014

Employees: 0

Location

Franchise: Yes

LISTING BROKER

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