HEDGESVILLE, West Virginia
| Asking Price |
$0 |
Year Established |
2022 |
|
| Annual Revenue |
$1,068,085 |
Reason for Selling |
To pursue additional development opportunities related to eco-tourism. |
|
| Annual P/L |
|
Attention |
Rick Carlson |
|
| Annual Cash Flow |
|
Listing Number |
979093 |
|
| # of Employees |
20 |
Business Category |
Services: Hotel, Motel, Lodging |
|
Business Overview:
The Company owns and operates two entities that work in tandem to create a comprehensive management unit for short-term rentals. Entity 1 is a platform that handles marketing and hosting, while Entity 2 holds separate contracts with the same (and some additional) clients for cleaning, maintenance, and hot tub services.
Entity 1 specializes in vacation rental management, offering marketing and hosting services through its platform and third-party sites like Airbnb and VRBO. The company earns revenue by collecting platform fees and a guest service fee for direct bookings. Its core functions include strategic marketing and reservation management, using automation and customer service support. By focusing on high occupancy rates and increasing direct bookings, Entity 1 aims to maximize profits while minimizing dependence on third-party platforms.
Entity 2 offers essential services for vacation rental owners, including cleaning, supply restocking, hot tub maintenance, and general property upkeep. As a preferred partner to a vacation rental management company, it earns revenue through service fees, retainers, and margins on supplies. The company focuses on operational efficiency to manage costs and boost profits, also taking on additional clients for incremental growth.
In combination, these two entities provide short term rental investors with a streamlined and customizable approach to rental management that maximizes ROI and scalability.
NDA required to receive comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Property Features and Assets:
<p>Business is run remotely.<br></p>
Market Competition and Expansion:
<p>Competition: The Company stands out by prioritizing guest experience to achieve higher occupancy and nightly rates than competitors. It adapts to market conditions with data-driven decisions on pricing, promotions, branding, and amenities, ensuring continued growth and a competitive edge.<br><br>Growth & Expansion: The Company has seen significant growth by prioritizing guest experience, with a 200%+ increase in properties year-over-year. It outperforms the market in occupancy and nightly rates, enhancing its appeal to property owners. Investments in the field team and operational software have streamlined operations, positioning the company for continued rapid expansion in high-performing markets in the country.<br></p>
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity