Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Property Management & Administrators

LISTING DETAILS
Firms For Sale ID:
31878
Vendor reference:
12040
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$2,500,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This business was started by present owners in 2003. Situated in a beautiful buzzing location in this popular coastal town, they are the rental agents for owners of holiday homes and apartments. The location is perfect and they do get a lot of walk-in customers.

They currently have +/- 130 luxury self catering apartments and houses available to rent as well as 6 permanent apartments. The business consists of 3 divisions; Rental, Cleaning and Maintenance. The cleaning division is a very important part of the business to clean all the units which they rent out.

All washing is contracted out to a local laundry. Maintenance is a small part of the business but also important as it involves general maintenance and the purchasing of equipment i.e. cutlery etc. They receive 15% commission on each rental transaction and they bill the owners for the maintenance, laundry and other costs.

An excellent program was developed in house for the bookings and management of financial information of each unit. It is easy to use and very powerful. New owner must be registered with the EAAB. This is a smooth operating business, all systems are in place and the staff know exactly what to do.

This business is well administrated with excellent systems in place, situated in the best spot in town. Why be part of the rat race any longer, come to the most beautiful part of the country and live the good life!