Primary Category:Property Management Businesses for Sale
This is a full-service boutique vacation rental reservations management business. The company advertises, rents short term, and maintains rental properties for local and distant owners in a popular tourist region. All aspects of property management are provided including customer care, on-line reservations, cleaning and prepping properties, and providing general maintenance and repairs. Major maintenance and repair issues are contracted out to specialized services. Additionally, the business offers 24/7/365 emergency services.
Financial Information
$495,000
Asking Price
$190,000
Cash Flow
$1,500,000
Gross Revenue
N/A
Down Payment
Business Location
City:
Routt County
State:Colorado
Detailed information
Year Established:2011
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 1
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
$110,000
Inventory Included: No
Inventory Value:
N/A
Monthly Rent:
N/A
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
N/A
FF&E Included?: No
Training/Support
Seller will provide training for negotiated period after close of sale.
Facilities
This is a home-based business which does not operate from outside facilities.
Market Outlook/Competition
This locally owned Business provides a more personalized customer care to its property owners and their rental clients. Property owners are charged a more competitive percentage in comparison to other agencies.
The region is largely tourist and vacation traveler driven and has a large inventory of vacation rental properties. With additional advertising and one-on-one contact with property owners, the Business could expand exponentially.