Price: $1,325,000
Location: Northwest Florida
Industry: Property Management
Listing ID: 230308
Listing Status: Under Contract
Description
Don’t miss this opportunity to buy a high-end short-term property management company with 9 years of experience. 62 contracts are available in a pristine vacation destination and are ready to be transferred. All the rentals are located within a 1-2 mile stretch of beachfront. The team, all W-2 employees, provides bookings and services including guest & owner relations, housekeeping, maintenance, airport shuttles as well as towel and tent rentals. The Company owns 4 vehicles used for maintenance and shuttles. The Company has a well-established vendor list and strong relationships with management associations. The portfolio is managed using one of the industry-recognized software systems that streamline operations and connects to online booking channels, making it easily transferred to a new owner.
The rental office of 1,525 sq. ft. is owned by the sellers but is for sale at $160,000. The business leases an additional space of 1,525 sq. ft. for laundry, housekeeping, maintenance and storage.
This is an excellent expansion opportunity for an existing property management business or for a new owner wanting to hit the ground running.
General Information:
Employees: 9-15
Facilities: The Seller owns the office space and is willing to rent or sell.
Location: Northwest Florida
Market Outlook
Growth and Expansion: Significant growth is available through increasing marketing in the community.
About the Sale:
Support and Training: Will be provided by the seller.
Reason Selling: Retirement
LISTING DETAILS
Total Sales: $1,276,253
Cash Flow: $415,484
LISTING BROKER
Lawrence Moore
