Corporate Housing & Furniture Rental Company with Strong Demand
Business Description
Our firm brings to market a long-established corporate housing and furniture rental business serving major companies and relocation clients throughout the area.
Business specializes in sourcing apartments, furnishing units, and providing turnkey corporate housing solutions for companies relocating employees, temporary staff, executives, and contractors. Additional revenue is generated through furniture rental and related services.
The business operates out of a well-maintained 16,000 +/- square foot facility in Oakland County, providing ample space for inventory, operations, storage, and logistics. Excellent setup to support continued growth and expansion throughout the Metro Detroit market.
Low competition in this niche field with increasing demand for furnished corporate housing solutions. The seller currently does very little marketing, leaving significant room for growth by building additional relationships with corporations, staffing agencies, hospitals, insurance companies, and relocation providers.
Well-established operation with systems in place, usable inventory and furniture, and a strong reputation within the industry. Great opportunity for an owner-operator or existing housing, furniture rental, or property management company looking to expand.
Business specializes in sourcing apartments, furnishing units, and providing turnkey corporate housing solutions for companies relocating employees, temporary staff, executives, and contractors. Additional revenue is generated through furniture rental and related services.
The business operates out of a well-maintained 16,000 +/- square foot facility in Oakland County, providing ample space for inventory, operations, storage, and logistics. Excellent setup to support continued growth and expansion throughout the Metro Detroit market.
Low competition in this niche field with increasing demand for furnished corporate housing solutions. The seller currently does very little marketing, leaving significant room for growth by building additional relationships with corporations, staffing agencies, hospitals, insurance companies, and relocation providers.
Well-established operation with systems in place, usable inventory and furniture, and a strong reputation within the industry. Great opportunity for an owner-operator or existing housing, furniture rental, or property management company looking to expand.
About the Business
- Years in Operation
- 19
- Employees
- 5 (2 Full-time, 3 Part-time)
Owner runs the office and handles documents, while also having help in the back - Facilities & Assets
- Great building in a great location, with all equipment in great shape, and all the furniture/inventory is usable and in great condition.
- Market Outlook / Competition
- Low competition in this field, with a lot of room for growth as more rentals are needed now versus before. The seller currently does no marketing to grow the business.
- Opportunities for Growth
- A lot of room to grow and expand by connecting with new companies that need corporate housing rentals, allowing you to become their go-to provider for housing needs.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 16,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 14 Days 4 Hours per day
- Financing Options
- Seller financing available with $325,000 down payment
Listing Info
- ID
- 2516545
- Listing Views
- 64
Listing ID: 2516545 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. See our full Terms of Use. Learn how to avoid scams.
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