Zest Property Management LLC | Application Preview
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General Information
Business Registration Number: 83-2134384
Location: Southfield, MI, United States
Length of Operation: 6-10
Number of Employees: 11-25 Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: $1M to $10M
Open to Loans: YES
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Funding Usage
Funding is needed for operational capital to expand to more local projects. Each level of growth for our company has considerable costs in securing more projects, training additional long-term labor, and acquiring materials in advance.
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Business Plan
Our business has grown in clients and revenue largely through referrals and word of mouth but we would like to start adding a marketing budget to reach a larger sphere of local clients Our organization primarily focuses on assisting with low income housing. While we do have occasional projects in mid to high income areas, over 70% of our work is on low income homes, many of which are in the city of Detroit. Our goal is to help improve the local communities and be able to provide affordable housing. We also only employ local people, which are based in our Southfield office.
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Self Identified Competition
There are many competitors in our industry but most other management companies focus on mid to high income cities and properties because there is more margin. While these property owners deserve assistance too, we believe it is the low income residents that need more assistance and options like our company. Similar to what we've stated above. Our company was started by two local investors that believed in the Detroit Metro communities and wanted to make a difference in the work they did. Since opening Zest Property Management in 2018, we have continued to only employ local labor & talent despite many competitors outsourcing to other states and internationally for administrative operations. We also choose to focus where there is the biggest need for our services, low income residents. Far fewer companies help residents in these areas and there are even fewer that are fully licensed, insured, and employing fellow local residents to help the community in this fashion.
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Contact Applicant
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