Sun Acquisitions is pleased to announce the sale of a Chicago area property management company.
The company is a premier provider of leasing, management, and sales services for single-unit condos, apartments, and townhomes. The management and leasing model of the company has resulted in recurring revenue streams and rapid growth. They have management contracts with a vast number of condo owners throughout the Chicagoland area. The cutting edge management software and online tools of the company will ease the transition of the new owner.
There are growth opportunities present to add more independent sales agents to grow sales, and market sales services to base of management services clients. Sun Acquisitions generated over 40 inquires on the business, which led to 11 qualified buyers and 2 final offers. The business was in due diligence within 30 days of Sun Acquisitions listing it for sale. The business was acquired by a strategic buyer within the property management industry.
Burt Evans was the lead advisor and managed all aspects of this client engagement. Burt is a senior advisor for Sun Acquisitions and has over 30 years of experience as a business owner.
About Sun Acquisitions:
Sun Acquisitions is a Chicago based mergers and acquisitions firm. We work with clients that are interested in the confidential sale, acquisition or valuation of privately held middle market and main street companies. Our professionals have significant experience and knowledge to thoroughly guide clients through each stage of the sale or acquisition process. Sun Acquisitions has successfully managed and handled engagement across all industries and is recognized as a leading M&A advisory firm in the Midwest.
If you are interested in buying or selling a business, contact us at (773)-243-1603 or email [email protected].
Visit Us: https://www.sunacquisitions.com