Vacation Rental Agency With Real Estate – Rochester

$350,000

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.

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Vacation Rental Agency With Real Estate – Rochester

Stuart P. Levy

Senior Business Adviser