Boutique Vacation Rental Property Management Company
2022 Gross Revenue: $3,505,694
2022 Net Revenue: $1,276,253
2022 Operating Profit: $419,484
Summary Description
Act fast to be in place for the summer season! 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 before peak season. All the rentals are located within a 1-2 mile stretch of beachfront. The eight-person 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 streamlines 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 $157,000. 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: 8
Facilities: The Seller owns the office space and is willing to rent or sell.
Location: Northwest Florida
Further information
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
For further information, a confidentiality disclosure agreement is required. Please contact us for an agreement at info@gai.services or 850-432-0808.