Quiet Creek Vacation Rentals: Quality & Financial Security
| Asking Price: | $425,000 | Inventory: | |
| Gross Revenue: | $253,513 (comments below) | Real Estate: | n/a |
| Cash Flow: | $75,000 (comments below) | FF&E: | $30,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2008 estimate eff 10/31/08 | |||
| Cash Flow Comments: 2008 estimate eff 10/31/08 | |||
This is a unique business opportunity, reinforced by the 25-year history of the Sunset Magazine-recommended Quiet Creek Inn, which is for sale both with and separate from the thriving vacation rental business.
Located in picturesque Idyllwild, a beautifully forested mountain community just under the radar but interesting enough over the years to have drawn Elvis for a film shoot and Sinatra and the Rat Pack for getaways. Today Idyllwild boasts a premier arts academy with thriving fine arts and music programs and performances year round.
Due to a convenient 2 hour market radius that includes Los Angeles, Orange & San Diego counties and only one hour to communities of Palm Springs, Quiet Creek Vacation Rentals has thrived in spite of recent difficulties in the overall economy (Thanksgiving, Christmas & New Years holidays were the busiest on record). The Southern California mountaintop location seems to have made Quiet Creek Inn & Vacation Rentals recession proof.
Quiet Creek Vacation Rentals is the fastest growing and most recommended of the rental companies in the Idyllwild area. 45 privately owned quality rentals are currently under contract. The units range from cute one-bedroom cottages and cabins to luxurious multi-bedroom homes, most with fireplaces or wood stoves, some with spas; many with exceptional views. All cabins are fully furnished and equipped with a full range of amenities.
All cabins and homes are situated in forested, residential, mountain neighborhoods, with easy access to a wide array of internationally-known hiking trails, yet all are within several minutes of the village of Idyllwild with its inviting art galleries, shops and surprisingly good restaurants.
The potential exists to increase the size of the listing portfolio, or to downsize, subject to the buyer’s individual goals for the vacation rental business.
A sophisticated, comprehensive marketing program has resulted in increasing business and revenue growth. High housekeeping standards have helped build a reputation for excellence and reinforced a strong referral record from realtors and owners.
Included in purchase:
• The name and excellent reputation of “Quiet Creek Vacation Rentals”
• Approximately 45 vacation rental contracts
• Sellers will provide immediate assistance in creating a separate web site, marketing plan and online reservation system
• Experienced housekeeping staff are available to transition to new management
• 2006 Jeep Commander [seats 7 passengers or 5 with cargo area] and 2006 Toyota Tundra Pickup [1/2 cab, seats 4] – both 4 wheel drive
• Complete information files on each vacation rental property; internet photo gallery pictures of each property, plus description copy
• Fully structured marketing program [internet, local media, print] with complete vendor list and costs
• Introductions area’s largest employer: Idyllwild Arts Academy (with whom the business currently has an excellent relationship); as well as with other innkeepers, the real estate and retail communities
• A comprehensive contact information and prioritized list of vendors, service professionals and other important insurance, financial, marketing and media resources
Needed to become operational:
• Location
• Laundry facilities or service
Located in picturesque Idyllwild, a beautifully forested mountain community just under the radar but interesting enough over the years to have drawn Elvis for a film shoot and Sinatra and the Rat Pack for getaways. Today Idyllwild boasts a premier arts academy with thriving fine arts and music programs and performances year round.
Due to a convenient 2 hour market radius that includes Los Angeles, Orange & San Diego counties and only one hour to communities of Palm Springs, Quiet Creek Vacation Rentals has thrived in spite of recent difficulties in the overall economy (Thanksgiving, Christmas & New Years holidays were the busiest on record). The Southern California mountaintop location seems to have made Quiet Creek Inn & Vacation Rentals recession proof.
Quiet Creek Vacation Rentals is the fastest growing and most recommended of the rental companies in the Idyllwild area. 45 privately owned quality rentals are currently under contract. The units range from cute one-bedroom cottages and cabins to luxurious multi-bedroom homes, most with fireplaces or wood stoves, some with spas; many with exceptional views. All cabins are fully furnished and equipped with a full range of amenities.
All cabins and homes are situated in forested, residential, mountain neighborhoods, with easy access to a wide array of internationally-known hiking trails, yet all are within several minutes of the village of Idyllwild with its inviting art galleries, shops and surprisingly good restaurants.
The potential exists to increase the size of the listing portfolio, or to downsize, subject to the buyer’s individual goals for the vacation rental business.
A sophisticated, comprehensive marketing program has resulted in increasing business and revenue growth. High housekeeping standards have helped build a reputation for excellence and reinforced a strong referral record from realtors and owners.
Included in purchase:
• The name and excellent reputation of “Quiet Creek Vacation Rentals”
• Approximately 45 vacation rental contracts
• Sellers will provide immediate assistance in creating a separate web site, marketing plan and online reservation system
• Experienced housekeeping staff are available to transition to new management
• 2006 Jeep Commander [seats 7 passengers or 5 with cargo area] and 2006 Toyota Tundra Pickup [1/2 cab, seats 4] – both 4 wheel drive
• Complete information files on each vacation rental property; internet photo gallery pictures of each property, plus description copy
• Fully structured marketing program [internet, local media, print] with complete vendor list and costs
• Introductions area’s largest employer: Idyllwild Arts Academy (with whom the business currently has an excellent relationship); as well as with other innkeepers, the real estate and retail communities
• A comprehensive contact information and prioritized list of vendors, service professionals and other important insurance, financial, marketing and media resources
Needed to become operational:
• Location
• Laundry facilities or service
About the Business
Year Established:1986
Employees:5 part time
Facilities:N/A
Market Outlook and Competition:Quiet Creek Inn & Vacation Rentals is the premier lodging business in the Idyllwild area with nearly 50% repeat guests & close to 13% referrals. The business has excellent relationships with the largest employer in the area, Idyllwild Arts Academy, other innkeepers, and the real estate & retail communities.
About the Sale
Reason For Selling:One of owners is retirement age and wants to spend more time with family.
Attached Files - Attachment Disclaimer
| 2008 NOI - projected as of 10/31/08 | |||
| 2007 NOI | |||
| Vacation Rental Gross Revenue - 4 yr History |
KEYWORDS: Vacation Rental business, Idyllwild, california
Sell Your Business | This listing has been viewed 1359 times
advertisement
advertisement
| |||||
|
Recommended Resources
Sponsored Links
| ||
|
The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
| ||



