Property Management- Family Business

Member resources:

Frequent asked questions:

What is Searchfunder.com?

Searchfunder.com is an online community of searchers, investors, lenders, brokers and other professionals. Over 80% of those involved in searchfunds maintain a Searchfunder account to help them network, hire, and mentor others.

What are the benefits of membership?

In addition to accessing the most active online network of business buyers, Searchfunder licenses research that is simply not cost effective for individuals. Access over 15,000 industry reports and 50,000 transaction financials. You also get monthly credits for contact information for your company sourcing campaign with the option to purchase more at drastically discounted rates. Searchfunder has pre-purchased access from these data providers in order to empower individual buyers and to help searchers level the playing field versus private equity.

Do you have deals?

While we are primarily a buy-side network, we do have hundreds of brokers that regularly post deals to the community.

Can I find an internship on Searchfunder?

Absolutely! We have the industry's largest intern job board. If you are considering a search, the first step is to help another business buyer so you can hit the ground running.

What does it cost?

Searchfunder is a subscription service. We offer flexible monthly, annual and lifetime memberships.

Monthly

$79 / month

Annual

$19 / month

Lifetime

$432 / once

Those who maintain an account with us for over 4 continuous years are permanently added to the community without the need for a membership.

Do I need an MBA to join?

While a large number of our members come from dedicated programs at Harvard Business School, Stanford GSB, Chicago Booth, and other top programs, searching is no longer reserved for the elite. With the current abundance of dry powder in private equity, and an increasing number of business owners reaching retirement age, good deals rarely go unfunded.

Post a question, deal, job, etc...

Make a post...

Complete registration to post.

by a searcher from University of Chicago
in Los Angeles, CA, USA

1yr ago

Property Management- Family Business

Hi Searchers!

An opportunity has come up with my family's property management and brokerage business. as my father wants to retire. The good news is it's a great opportunity, bad news is, I don't think the owner has a good sense of the value. which is making negotiations difficult.

Anyone on here have an idea of multiples & valuation for a prop management business, separating brokerage revenue from prop management revenue and or has experience with inheriting/partial buy out with family businesses?

0 Likes

669 Views

reply by a searcher 1yr ago
from Brigham Young University in Lehi, UT, USA

Property management around 2-4x EBITDA
Brokerage revenue tends to be more volatile, so it's often valued separately at 0.5-1x annual revenue, depending on the consistency of income. Since this is a family business, a few tips: Get a third-party valuation to settle any disagreements on price. Consider a phased buyout or seller financing, so your father can transition slowly. Be sure to clearly separate personal and business relationships during negotiations.

reply by a searcher 1yr ago
from University of Miami in Key Biscayne, FL 33149, USA

^redacted‌ I actually just closed on a property management business last week. Happy to discuss valuation with you and some ideas. You can email me at nick at endangeredinvestments dot com