Multi-State Vacation Home Rentals & Property Mgmt.

Atlantic County, NJ

Asking Price: $1,250,000
Business For Sale Details
Listed on May 22, 2023

Business Description:
Full service On-line vacation homes rental & management company. Providing owners with turn-key rental income. Steady year over year growth with a consistent high level of profitability.

This business 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, Marriott Homes & Villas, Bookings, Kayak, Hotels & Expedia)
- Leveraging all relevant on-line advertising & social media platforms
- 365 Day a Year Customer Service Support for Renters & Homeowners
- Unlimited potential for growth & new properties & areas across the United States
- Potential for international growth & expansion

Historical Summary:
Established in 2019 with by a husband & wife who provide owners with a premium full service experience. Everything an owner needs to maximize their vacation homes rental income.

Business currently manages over 70 property listings across 5 states; New Jersey, PA, Florida, Michigan and Virginia.

- The company creates all property listings
- Provides all marketing (their own site as well as VRBO, Airbnb, Marriott Homes & Villas, HomeAway, Bookings and all relevant worldwide sites)
- All Reservation Management Services
- Guest Vetting & Screening
- Review Management – encourage & cultivate guest reviews & feedback to increase future bookings
- Coordinates all professional cleaning & maintenance for properties
- Coordination of all services for renters
- Property protection with unique door access codes changed for each renter

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Financials (USD)

Asking Price $1,250,000

Cash Flow $301,000

Sales $2,381,916

Deal Terms

Represented by broker? Available On Request

Buyer Fee? No

Seller Financing? Yes

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? Yes

Real Estate? No

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