B2B Apartment Rental Business-Home Based

Houston, TX
Harris County


Asking Price: Annual Revenue:
$99,000 $550,471

Commercial Real Estate: Multi-Family


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RE: B2B Apartment Rental Business-Home Based Broker: Seller of Business
Owner Financing is Available!

Quick Facts

Asking Price: $99,000
Annual Revenue: $550,471
Net Profit: Not Disclosed
Cash Flow: $68,820
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 2016
Employees: Not Disclosed
BBN Listing #: 538344107
Broker Reference #: 76931-777775

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Business Overview:

This is an exciting and scalable opportunity in the B2B space! You can operate it on a part time basis "as is" or scale it and grow! Owner currently works about 5 hours per week in this business without any employees.

This business gives its customers the opportunity to escape the expensive frustrations of hotels in favor of a curated, short term, fully furnished apartment specifically catered to their specific needs. Clients range from the classic business professional, to medical patients seeking healthcare, to families looking to relocate. This business can also provide access to additional services including short term rentals, relocation services, medical assistance, and other luxury amenities that can be packaged into their rentals. They pride themselves on offering more personal service, space, and benefits, at a much lower price than a hotel reservation of the same length.

The business generated $550,471 in revenue for 2020 as a home-based business due to covid travel restrictions. Seller discretionary earnings were $68,820 during this period. In 2019, revenues were $760,272 with earnings of $115,000.

The owner is ready to retire but will assist the buyer with the transition of the business. This is an ideal time to enter and learn this business and prepare for the surge in travel coming in the following months due to the vaccine.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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