Profitable Property Management in Utah’s Top Markets

Price: $700,000

Location: Utah

Listing ID: 430

Listing Status: Sold

Description

This established property management company operates across multiple high-demand rental markets in Utah. Since its founding, the business has built a strong reputation and portfolio, offering a full suite of services for short-term, mid-term, and long-term rentals.
Financial performance has remained robust with revenue growing from $1.93M in 2022 to a projected $2.38M in 2025, supported by consistent gross profit margins above 80%. EBIT has ranged from $33K to $45K, while Seller’s Discretionary Earnings have reached $157K–$229K, demonstrating healthy operational cash flow.

The business navigated the challenges of COVID-19 with resilience, experiencing rapid recovery and full forgiveness of its PPP loan. A temporary dip in 2024 was due to a one-time write-off for remodeling and furnishing a larger property, positioning the company for long-term growth.

LISTING DETAILS

Total Sales: $2,280,000 (2025 projected)

Cash Flow: $229,188 (2025 projected)

Inventory: $1,500

Inventory Included: Yes

Operation

Year Established: 2019

Employees: Independent contractor network

Location

Type of Location: Utah

Summary

Reason For Sale:

Family relocation

Training & Support:

16 weeks (extension available)

Competition:

This Utah-based property management company stands out in competitive rental markets with a diverse portfolio spanning vacation, corporate, and long-term rentals, supported by a hands-on approach and advanced technology. Its comprehensive services, experienced contractor network, and strong client loyalty give it a clear edge over smaller, niche competitors.

Potential Growth:

This property management company is well-positioned for expansion with established systems, a proven contractor network, and a strong brand presence in Utah’s most desirable rental markets. Significant opportunities exist to grow revenue through portfolio expansion, entry into additional regional markets, and continued demand for both short-term and long-term rentals.