BOUTIQUE FULL SERVICE VACATION HOMES MANAGEMENT & RENTALS COMPANY – MINI AIRBNB / VRBO
(Real Estate Management, Short Term Housing & Property Management)
Suffolk, New York
Listed Price: $ 4,250,000
Listing ID: CNY8880917
Listing DetailsGross Revenue: $ 3,002,880
Cash Flow: $ 936,521
Form of Ownership: S Corp
Reason for Sale:
Retirement
Training & Support:
Full turn–key transition support will be provided. One owner would be open to continuing on with the company after the sale. This business can operate with abstenee ownership.
Listing SummaryBusiness Description:
FULL SERVICE ON-LINE VACATION RENTAL & MANAGEMENT COMPANY PROVIDING LUXURY HOMEOWNERS WITH TURN-KEY RENTAL INCOME. Steady year over year growth with a consistent high level of profitability. Takes all the headaches out of managing an owner’s vacation rental property.
- Located in a major vacation & getaway area
- All Properties consistently under contract to be rented out
- Great Relationships with local businesses & brokers for client referrals
- High levels of repeat clientele
- Top rated on all travel sites (Airbnb, Homeaway, VRBO, Trip Advisor)
- Leveraging all relevant on-line advertising & social media platforms
- Unlimited potential for growth & new properties & areas
Historical Summary:
Established in 2008 with two partners who provide owners with a premium full service experience. Everything an owner needs to maximize their vacation homes rental income.
- The company creates all property listings
- Provides all marketing (their own site as well as VRBO, Airbnb, Trip Advisor, Homeaway and all relevant worldwide sites)
- All Reservation Management Services
- Guest Vetting
- Review Management – encourage & cultivate guest reviews & feedback to increase future bookings
- Professional Cleaning & Maintenance for properties
- Concierge Services for renters
Owner Qualifications:
Prior business & marketing experience a plus.
Competition:
Almost None
Potential Growth:
Exceptional
Financing/Terms:
Flexible
LocationType of Location: Home Based
Facilities:
This business is easily relocatable. Owner is working out of a home office.
OperationYear Established: 2008
Days & Hours of Operation: Mon - Fri 9-12
Owner Hours: 20
Managers: 2
Absentee Owner: No