Property management business with healthy portfolio.
Steady, profitable business with recurring revenue stream!
Asking price
UGX 150,000,000
Space size
92 sqm
Monthly rent
UGX 2,200,000
Founded
2014
Team size
5 - 10
Description
This well-established Property Management and Services business presents a compelling opportunity for potential buyers seeking a cash-flowing business.
Seize the opportunity to own a seasoned property management company in Greater Kampala, offering a full suite of property services, including long-term leasing, in-house maintenance, cleaning, lawn care, and renovation services.
Experienced staff are in place to handle accounting/bookkeeping tasks, property manager tasks, cleaning services, maintenance, and renovations.
- Diverse Revenue Streams – Property management, maintenance, and property services create multiple income sources.
- Departmental Specialization – Instead of a single property manager handling all aspects, operations are divided into Property Manager, Accounting, Leasing, and Maintenance. This allows: • Higher units under management per full-time employee • Greater expertise in each area
- Software Integration – Cutting-edge online technology has been implemented to optimize workflows, enhance efficiency, and improve customer experience.
- Established Client Base – Strong long-term relationships with property owners, tenants, and investors ensure consistent revenue.
- Turnkey Operations – Well-trained staff, efficient systems, and proven processes allow for a seamless transition. Key staff will stay on after the transition. One Seller is a licensed property manager and would be willing to stay on to make the business truly TurnKey, the other Seller is head of accounting and would also be willing to stay on.
- Scalability & Expansion Potential – Room for growth in new and existing markets or additional service offerings.
- Comprehensive Standard Operating Procedures (SOPs) — Well-documented processes for a smooth transition and efficient absentee management.
The owners have streamlined the business for efficiency requiring only minimal labor with maximum profits. The first owner is a licensed property manager, and the second owner is head of accounting; both owners would be willing to stay on with the company to make this a truly TurnKey opportunity.
This is an exceptional opportunity to acquire a profitable, recession-resistant business with a strong foundation. Whether you’re an experienced property manager or an investor looking for a turnkey operation, this business provides a fantastic opportunity to acquire a highly profitable and efficiently run company.
An NDA will be required before any detailed information is disclosed.
They are talking business
18 buyers in active discussions
Business strategy
Growth rate
6%
Customers
501 - 2500
Business model
- PMC to Landlord
- PMC to Broker
- PMC to Tenant
- Business-to-business (B2B)
- Direct-to-consumers (DTC)
- Business-to-consumer (B2C)
The business model is multi-varied and robust not subject to the winds of a singular stream
Assets & FFE (Furniture, fixtures & Equipment)
- Landlords
- Website
- Tenants
- Domain
- Security camera and alarm system.
- All the above included in asking price
The business has a secure moat of tenants and landlords as well as built-in decade plus experience.
Growth opportunities
- Acquire small practitioners
- Increase client outreach programs
- Hire a sales team
- Expand to new markets
- Social media marketing
- Increase content marketing
Increasingly landlords are short of time to manage their properties, thus the demand for property managers has never been higher
Competitors
- Due to streamlined SOPs and virtual operation, the pricing structure makes the company extremely competitive in the marketplace.
There are multiple income streams generated from the properties managed, and opportunities exist to offer additional services to increase income such as real estate sales, carpet cleaning, roof repair, HVAC servicing and replacement, plumbing, and electrical.
Transition Details
Training & support
- Owners to provide training on daily operations, SOPs, and key relationships.
- Review financials, accounting systems, and tax compliance.
- Train on marketing, leasing, tenant relations, and maintenance protocols.
- Offer client communication guidance, employee management support, and legal compliance training.
Real Estate
- Leased
Financing
- None
Reason for selling
- Many other commitments
- Other investment opportunities
Location Details
Highway
Kira Road
Access Road
Wankulukuku Road
Neighborhood
Ntinda
District
Kampala
