Annual Revenue: $1,200,000
Net Cash Flow: $200,000
Location: Western US
The company offers luxury high-end short-term & long-term property management services as well as real estate sales services. The Company manages properties in the beautiful Mountains of Southern Colorado, where it helps owners rent their luxury homes, ranches, and condominiums, both for extended periods and short-term vacations for its clients. The company has been in business for over 30yrs. The short term provides rental services to those seeking a three-night minimum stay at its clients’ luxury homes and properties. Long-term provides more extended rental arrangements, typically 6mos. or more.
The town in which the Company has its offices prides itself as having some of the hottest known geothermal pools in the world the springs are known for their healing qualities. Further, the town offers a multitude of local recreational and vacation activities, including skiing in a local resort, river rafting, hunting, hiking, fly fishing, snowboarding, snowmobiling, a golf course, hot air ballooning, and horseback riding. Summertime offers a different variation of recreational choices as listed above, as well as camping, swimming, bicycling, mountain biking, outdoor dining, art & craft fairs, a rodeo, hot air ballooning, parades and music & art festivals, to name a few.
The owner wishes to retire. With a superior reputation for services in the industry which brings visitors back to its clients’ rental properties year after year, an ability and desire to expand its services to include real estate sales, clients whom have been with the Company for decades, strong employees who have been with the Company for extended periods, strong repeat business of client and customer base within the area, and ownership of its real property and goodwill, the Company is well-positioned for purchase.
FFE: $75,000 (Included in Price)
Reason For Sale:
Year Established: 1990
Monthly Rent: 2,000
Square Footage: 2000