RPM Property Management of Sarasota

Raising $100k for existing business purchase

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Purchasing an existing Property Management Business for $82k, have $75k and require $25k in additional capital to complete purchase and to have operating capital.   Net income is currently $45k.  Has 35 doors and 2 dozen customers.  Plan to drive the number of doors as current owner is a broker.  Owner encourage his customers to sell their investment properties so he could earn a higher return knowing he was planning to sell the business.  Confident I can increase the customer base to drive up the revenue.  Their are - Sarasota, FL has many investment properties and there is a high demand.

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