Property ID : LB22.244/SPL25.352
For Sale $350,000.00 - Property Management, Rental Business
DESCRIPTION:
• Very easy to operate Vacation Rental Agency business with Real Estate, servicing the Finger Lakes Region of New York State.
• Established in 2000, current owner is retiring.
• Business is home-based and consists of booking rental time slots for cabin and cottage owners. Those owners are responsible for their own cleaning and maintenance.
• Commissions are paid at the end of each month.
• Over 9,000 customer contacts database.
• Low overhead, just office supplies needed.
• No advertising expenses needed; this business has thrived on “word of mouth” exposure through two decades.
ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price):
Real Estate of one furnished cabin and property, plus 5 acres of undeveloped land.
SALES AND SELLERS DISCRETIONARY EARNINGS (SDE):
2019 2018
SALES $ 708,707 $ 743,305
SDE $ 82,259 $ 88,345
PRICE/FINANCING:
Asking price, including real estate, is $ 350,000.
COMMENTS:
• Great opportunity to own and operate an easy to run business in the scenic Finger Lakes Region.
• New operator can add revenue by expanding to other locations in New York.
