With over twenty-five years servicing property owners within the local community the business has built a substantial pipeline of referral based clientele. The founder/owner is retiring. 2017 revenue is currently traveling at $280,000.00 and yearend cash-flow to the owner is estimated to be more than $115,000.00. The Business is a full-service residential property rental firm that only manages long-term leased properties. In addition, the company prides itself in dealing with higher quality tenants that in turn rent for a longer term. 聽The company takes the hassle out of property management so that homeowners can enjoy their investment property without being the landlord. The firm is well known for maximizing rents and shortening vacancies and for the past 7-years running at 98% occupancy. The business is showing steady growth while maintaining approximately 90-100 homes on any given month. The businesses reoccurring revenue is supported through one-year contracts with automatic renewal clauses. 聽The firm鈥檚 clients and staff communicate and operate through the most up to date website portal allowing tenants to submit maintenance requests, make rental payments, sign documents online and for the staff to communicate back to its tenants and property owners. 聽The business hours are Monday – Friday 8:30 AM- 5:00 PM. This business does not have repair and maintenance services in-house which is a growth opportunity to increase customer service, revenue, and profit.
This business would appeal to a broad base of purchasers from strategic to financial buyers. Seasoned staff is in place to run the day to day business.
Tripp Lawson grew up in a family of entrepreneurs with five generations in business. As a Partner, Tripp works closely with business owners, entrepreneurs, and their advisors to educate and develop tailored strategies for buying or selling businesses. His background in finance and real estate, combined with strong business acumen, allows him to understand the priorities of Viking clients and deliver exceptional results for them.
He began his career as a Financial Analyst working with the business valuation team while attending Florida State University. Tripp worked with various Viking M&A offices during his time at FSU. After graduating with a Bachelor of Science Degree in Finance and a Florida Real Estate License, Tripp decided to start his professional career, working with his father in Viking鈥檚 Florida Division in 2017.
While attending FSU, Tripp was a student athlete and a member of the football team. Additionally, he held multiple leadership roles within FSU organizations. Tripp stays involved at FSU by mentoring students holding governing positions within the campus. Tripp is passionate about mentoring peers and helping them navigate both personal and professional decisions.
Outside of the office, Tripp is an avid boater who enjoys spending his weekends with family exploring Florida’s waterways and fishing the Gulf Coast. A former athlete, he channels his competitive drive, whether through athletic competitions or cheering on the Florida State Seminoles on game day.
