The business is a full-service property management company serving primarily commercial clients. The company specializes in sweeping services, in addition to asphalt maintenance, landscaping, pressure washing, snow management, and risk analysis.

Key Aspects

Book EBITDA has grown at a compound annual rate (CAGR) of 36.3% from 2018 through 2021
During this same time period, gross profit has grown at a CAGR of 6.0% with margins averaging 34.3%
Knowledgeable personnel in place with over 50 years of combined experience in property management, maintenance, and customer service
Strong market position in Western New York with little-to-no competition
The company has been in operation for over 37 years

Opportunities

Implement bridge washing services to capitalize on the high margins it has historically generated
Implement a strategic marketing campaign to attract new clients and expand geographically into new markets
Expand service catalog to include other property management services, such as property accounting and security management

Headquartered

Western New York

Current Markets

The company primarily serves commercial entities in the Northeast United States.

Real Estate

The company operates from two facilities, which are comprised of storage and office space, and collectively total 9,000 sq. ft. Both locations are owned by unrelated third parties and are not included in the sale of the company.

Shareholder Objectives

The company is owned by a single shareholder who is looking to pursue other activities and prepare for retirement. He is proud of the company he has built and would like to see it continue to grow and profit in the right hands. He is open to staying with the company for a period of time to ensure a smooth transition to new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Full-Service Property Management Company – BN000037331

Full-Service Property Management Company – BN000037331

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