Growing Property Management Business in CO Mtns

Not Disclosed, CO

Colorado Mountain Resort

Asking Price: Annual Revenue:
$1,099,000 $1,270,000

Services: Travel Related Services

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RE: Growing Property Management Business in CO Mtns Broker: Thom Beckett
License #: FA.100000419

Quick Facts

Asking Price: $1,099,000
Annual Revenue: $1,270,000
Net Profit: Not Disclosed
Cash Flow: $371,000
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 6
BBN Listing #: 241310489
Broker Reference #: 1479

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Business Overview:

This Property Rental & Management Business is a great acquisition for a successful professional looking to apply their management, sales, and marketing skills. It’s a specialty-service business that offers a vibrant social and professional environment. The key-employee team (6+) assists the owner with day-to-day operations and maintenance. The business manages an excellent mix of rental properties that are central to several internationally recognized winter and summer destination communities. Their annual homeowner contracts have a high renewal rate, with longstanding and repeat clients. Business has an excellent location with high visibility and plentiful parking! The centrally located office comes with a long-term lease or the real estate may be purchased. The owner plays an active role, but enjoys substantial freedom due to the efforts of the strong employee team! Business is experiencing growth in both winter and summer seasons. This business’s service mix is unique in this area, and faces limited competition. Opportunity for continued growth is strong!

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 their property mix and add supplemental client services. Employees and computerized operations assist in day-to-day controls. Local economy and business have performed well during 2014 – 2017, building on their 10+ year company history. Local area generates more ski-users than the State of Utah or Vermont! Qualified Buyer brings 25%, while SBA and Seller may assist with financing.

Excellent opportunity with a growing business in a World Class Colorado Mountain Resort Community!

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Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is leased.
  • The owner is not 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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