Ref. No - BFS938182

LocationSouth Africa, Western Cape

Ref. No - BFS938182

Sector - Services

Asking Price
R3,150,000
Monthly Profit
R105,700
Asset Value
R 100,000
Stock Value
R 0
Yearly Net Profit
R 1,056,996

Summary

Well-established Helderberg property management firm with more than 28 years’ experience, generating consistent, stable income through reliable tenant placement, efficient operations, long-standing client relationships, and deep local market expertise.

Give me more information

How does the business operate on a daily basis?

The business is being run in 2 separate legal entities, both PTY LTD Businesses.
One business focuses on managing properties with Body Corporates, and the other focuses on properties with Home Owners Associations.
The current two owners each have an assistant and focus on different functions within the business.

The business deals with all aspects of: the day‑to‑day management of the real estate.

Here’s a clear breakdown of what they do:


1.Financial Administration
Monitor arrears and follow up on late payments
Pay expenses (rates, levies, maintenance) if mandated
Provide monthly financial reports to the owner
Handle deposits and ensure legal compliance

2.Body Corporate / Sectional Title Management (if applicable)
If managing flats or complexes:
Collect levies from owners
Organise meetings (AGMs)
Enforce rules of the complex
Manage common property maintenance
Prepare budgets and financial statements

What Advertising/Marketing is carried out?

None

What competition exists?

Other Property Managing Agents in the Area

How could the profitability of the business be improved?

Get more properties to manage
They currently have 21 properties.

How involved is the Owner in running the business?

Fairly but not full time

When does the current lease end?

The Lease is currently on a month-to-month basis.
This brings another cost saving if the operations are moved to an existing property management company, or if the owner wants to deal with the Business in another / cheaper property.

What are the main assets of the business?

The business has:
4 x laptops
2 x printers
Shelving

Strengths?

Strengths
Proven presence in large, high‑visibility estates: 11 HOA Properties with 1074 units and 10 Body Corporate Properties with 242 units.
Documented management across multiple schemes
HOA + sectional title administration experience
Operational admin footprint & communications

Weaknesses?

Limited online/social media presence - no web presence

Opportunities?

Small market share - the area has 51.3% sectional title vs freehold properties, of which this business ONLY has 21.
Strong rental market dynamics in the Western Cape
Value‑add services in estates (solar, building applications, governance support)

Threats?

Regulatory and compliance pressure is rising
Intense competition from scaled players
Economic shocks hit arrears & scheme finances

What is the reason for the sale?

Both the owners want to exit and they are tired of the industry.
Location

Contact | Enquire

Pieter

Pieter De Beer

LocationSouth Africa, Western Cape

Preferred method of contact

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