Property management in Starnberger See with 447 apartments for sale.

Financial Data

The purchase price for this established and debt-free property management company is 100,000 euros. Revenue is expected to be 190,000 euros this year, while a profit of 17,000 euros is anticipated. The owner draws a managing director salary of 72,000 euros.

Business Model

The property management company, structured as a GmbH, has been operating for over 25 years and primarily manages homeowners' associations in accordance with the WEG law and a few rental properties. A total of 447 apartments are managed, with 442 in 46 homeowners' associations, averaging around 9 units per property. The office is 65 square meters, features modern furnishings, and is conveniently located. Server-based industry software for generating accounts is employed, which enables mobile working.

Market Position

The company enjoys a good reputation among its customers as reliable and easily accessible. There is potential for further growth, as regular inquiries from new clients are received. However, the owner has so far selectively converted inquiries into contracts.

Additional Information

The owner is involved in the day-to-day business and conducts all homeowners' meetings herself, supported by two part-time employees. There is potential for optimization in processing methods. The sought successor should have practical experience in the property management sector and is invited to take over the company in summer/fall 2025. The company founder will provide comprehensive training for the successor and then retire.