SOLD!
Details
Asking Price: |
$599,000 |
Annual Sales: |
$1,050,000 |
Cash Flow: |
$200,000 |
Inventory: | $10,000 |
FF&E: | $25,000 |
Real Estate: | Not Included |
Employees: | Part-Time & Contractors |
Location: | Winter Park / Fraser Valley |
Reason For Sale: | Retirement |
Business Description
This Short Term Vacation Rental Business is a great acquisition for a successful professional looking to apply their management, sales & marketing skills. Business requires no special licenses or permits. Excellent financial performance offers a great income, ROI, and a strong platform to achieve growth through acquisition and organic demand. This specialty-service business offers a professional environment rooted in a relaxed mountain community. The business has an excellent mix of properties central to the adjacent internationally recognized summer & winter destinations, experiencing nice growth. Their multi-year homeowner contracts have a high renewal rate, with longstanding clients. Business has an excellent location, highly visibility! A long-term lease is available, located on Main Street in this resort market! They have an excellent reputation and are regularly offered new rental properties – plentiful opportunity for continued growth!
The local communities and resorts continue to invest in infrastructure improvements, capacity, and amenities, which support this company’s growth! Business is well positioned to expand its property mix and add client services. Trained employees, computerized booking, and established management systems assist in day-to-day controls. Local market and business are performing well for 2015 – 2018, building on their 25+ year company history. The Winter Park/Fraser Valley is experiencing growth through its popularity with CO residents and international guests.
Excellent opportunity with a growing business in a Destination Colorado Mountain Resort Community!
Represented by Thom Beckett. Tell me more about this business.