CHICAGO, Illinois
| Asking Price |
$250,000 |
Year Established |
2008 |
|
| Annual Revenue |
$1,395,376 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$143,723 |
Listing Number |
1016900 |
|
| # of Employees |
|
Business Category |
Services: Real Estate |
|
Business Overview:
Someone looking to enter the hospitality rental space will find a strong foundation in this established operation, which manages short stay properties on behalf of investors across a range of destinations. The business focuses on guest satisfaction and revenue optimization, using proven marketing strategies and technology tools to keep properties booked and performing well. Instead of competing with major travel booking sites, the model works in partnership with them, using their reach to drive consistent guest traffic. This significantly reduces the marketing burden typically associated with independent lodging operations. Operating without the need to own property keeps overhead low and margins healthy, making the business efficient to run. As more travelers shift away from traditional hotels in favor of short stay rentals, demand for professional management services continues to climb. This creates a favorable long term outlook for anyone looking to acquire a business with room to grow, recurring income potential, and a model already proven to work across multiple markets.
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity