Status: Sold
VRBO & AirBNB Vacation Rental Management in PRIME Market - Listing #: NAPFL001-N108
| Category | : | Real Estate Related | SIC | : | 6531 | |
| Detail | : | Vacation Management | Price | : | 378,000 | |
| County | : | Lee | Down | : | 378,000 | |
| State/Prov | : | Florida | Adj Net | : | 167,355 | |
| Country | : | USA | Sales | : | 496,537 |
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Located in one of the hottest market in Florida, the business has experienced growth every year since inception. With a current roster of 20 homes, 19 of these homes under a 1-year auto renew contract, this business is positioned perfectly for a buyer wanting to get into the business or a current business wanting to increase their portfolio. You can expect an exceptional rating on VRBO and AirBnB with this business who takes pride in exceptional service for vacationers and their home owners. |
| Reason for Sale | : | RETIRE |
| General Location | : | SWFL |
| Organization Type | : | Corp 'C' Hours Owner Works: 40 |
| : | Years Established : 5 Years Owned: 5 Emp FT: 0 Emp PT: 1 Mgrs: 2 | |
| Non Compete | : | Miles: 250 Years: 5 Weeks Training: 4 Cost: 0 |
| Operating dys/hrs | : | Mon - Sun |
| Skills/Licenses | : | CAM License |
| Business | : | Is Relocatable: Y Is Home Based: Y Is a Franchise: N Is Lender P/Q: N May Qualify For Visa: N |
| Data Source | P/L Statement | Tax Return | |||
| Year (Cash Flow) | 2021 (N) | 2020 (N) | (N) | ||
| Gross Revenue | 496,537 | 238,454 | 0 | ||
| Cost of Goods | 0 | 0 | 0 | ||
| Gross Profit | 496,537 | 238,454 | 0 | ||
| Expenses | 441,353 | 230,430 | 0 | ||
| Net | 55,184 | 8,024 | 0 | ||
| Owner Salary | 55,998 | 23,978 | 0 | ||
| Benefits | 53,616 | 44,771 | 0 | ||
| Interest Expense | 379 | 0 | 0 | ||
| Depreciation | 0 | 0 | 0 | ||
| Other | 2,178 | 0 | 0 | ||
| Owner Benefit | 167,355 | 76,773 | 0 |
| Accounts Rec | 0 | N* | Real Estate | 0 | N* |
| Inventory | 1,780 | Y* | ___________ | 0 | N* |
| F F & E | 10,000 | Y* | Total Assets | 11,780 | Y* |
| Leasehold | 0 | N* | *Included? |
| JASON A. BROOKS | Office | : | (239) 849-9334 | |
| ASSOCIATE | Agent Direct | : | ||
| SUNBELT BUSINESS BROKERS NAPLES & FT MYERS | Fax | : | ||
| 2640 GOLDEN GATE PARKWAY, SUITE 204 | Cell | : | (239) 357-7073 |
| NAPLES, FLORIDA 34105 | : | jbrooks@sunbeltnetwork.com | ||
| USA | Home Page | : | sunbeltofflorida.com |