This company provides professional management services to professional organizations and non-profits (not HOAs or Condos). The business could easily be expanded with a full-time working owner and especially one that is familiar with AMC. Currently the owner works part time averaging 10 hours a week in the business primarily managing a few accounts. There are several other account managers in place and have been with the company for a long time. The clients have been in place for many years providing a stable client base.
The company provides not only member facing responsibilities such as: membership renewal and communication, attend Board of Director Meetings, event planning and management for conferences, handles social media, websites, and public relations. In addition, the company provides all back-office services for the respective associations such as: bookkeeping, annual dues billing/follow up/accounts receivable, budgeting, annual financial reports, association HQ elections, and design/production of communications.
The owner is selling for retirement reasons but is willing to provide a reasonable training and transition to the new owner depending on the level of related industry experience. Included with the sale is a meaningful non-compete and non-solicitation agreement. The owner believes that it would be preferred for new owner to be in Texas and have AMC services experience but is not mandatory.
This is structured as an asset sale and is neither an offer nor a solicitation to sell securities.