17 Nov Santa Fe Property Management Business – Successful, Established, Profitable
Location: Santa Fe & North Central Region, New Mexico
Industry: Property Management
Listing ID: Santa Fe Property Management
Santa Fe has long laid claim as a world-class tourist destination. “Surrounded by those same starkly beautiful vistas, the city’s signature adobe Pueblo-style architecture gives it a dreamy, old-timey quality. But in among all that folk art and New Age-iness, there beats a surprisingly contemporary pulse,” writes Conde Nast Traveler UK (March 15, 2023).
Take advantage of this lucrative opportunity to step into an established property management company with about 40 homes under management. For many years, this business has maintained an impeccable reputation and has helped guests make the most of their short and long-term visits to Santa Fe and Northern New Mexico.
Focusing on the upper tier of the market, the operation is fine-tuned, the systems currently allow the executive to conduct some of their work remotely, and the expert team is skilled at providing white glove, stress-free services to homeowners and guests.
Taking over this business will require that New Owners either hold a New Mexico Qualifying Brokers license or can arrange to get this license. For a fee, the Seller is willing to stay on in a limited capacity to provide Qualifying Broker services while new owners pursue this credential or arrange to bring a Qualifying Broker on staff.
Cash Flow: $300,000
FFE: $5,000 (Included in Price)
Real Estate: (Not Included in Price)
Reason For Sale:
Seller is relocating to pursue other interests.
Training & Support:
Seller will offer up to four weeks of onsite training at no cost to Buyer, with further details to be negotiated.
Owner will need to have a New Mexico Qualifying Brokers license, be able to arrange to get one, or hire a staff member who holds this license.