Hot Listing
Corporate Housing Company
Business Description
CORPORATE HOUSING COMPANY - KENNEWICK, WA
Established in 2017, this profitable corporate housing business generates $1,000,000 in annual revenue with $220,000 EBITDA. Operating as an absentee-owned, CAN BE a home-based enterprise but currently is not, this turnkey opportunity serves the growing demand for reliable corporate accommodations in the expanding Benton County market.
BUSINESS OVERVIEW:
This established property management company specializes in corporate housing solutions, capitalizing on the increasing need for professional, consistent lodging services. The business has built a strong reputation by focusing on reliability and professionalism, differentiating itself from traditional short-term rental platforms that face rising fees and declining support.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $1,000,000
• EBITDA: $220,000
• Inventory Value: $250,000 (included)
• Minimal overhead with $730/month lease that renews every year
• 1,000 sq ft operational space
• Strong cash flow generation
KEY ADVANTAGES:
• Absentee owner operation - minimal hands-on management required
• Established customer base with 7+ years of operational history
• Simple business model with proven profitability
• Market expansion opportunities as competitors face operational challenges
• Home-based operations reduce overhead costs
GROWTH POTENTIAL:
Significant expansion opportunities exist both locally and nationally. The current owners have successfully operated remotely, demonstrating the scalability of the business model across multiple territories throughout the United States. The growing corporate housing market and declining satisfaction with alternative platforms create favorable conditions for expansion.
MARKET POSITION:
The business benefits from an expanding market where corporate clients prioritize consistency, reliability, and professionalism over price. As traditional platforms like Airbnb implement higher fees and reduced support, this company's focus on professional service creates a competitive advantage.
SUPPORT & TRANSITION:
The seller will provide 30-60 days of comprehensive training to ensure smooth transition and operational continuity.
IDEAL BUYER:
Real estate investors are particularly encouraged to apply, given the synergies with property investment and management expertise.
Reason for Sale: Owner health considerations necessitate this sale of an otherwise thriving business.
This represents an exceptional opportunity to acquire a profitable, established corporate housing business with significant growth potential and minimal operational complexity.
Established in 2017, this profitable corporate housing business generates $1,000,000 in annual revenue with $220,000 EBITDA. Operating as an absentee-owned, CAN BE a home-based enterprise but currently is not, this turnkey opportunity serves the growing demand for reliable corporate accommodations in the expanding Benton County market.
BUSINESS OVERVIEW:
This established property management company specializes in corporate housing solutions, capitalizing on the increasing need for professional, consistent lodging services. The business has built a strong reputation by focusing on reliability and professionalism, differentiating itself from traditional short-term rental platforms that face rising fees and declining support.
FINANCIAL HIGHLIGHTS:
• Annual Revenue: $1,000,000
• EBITDA: $220,000
• Inventory Value: $250,000 (included)
• Minimal overhead with $730/month lease that renews every year
• 1,000 sq ft operational space
• Strong cash flow generation
KEY ADVANTAGES:
• Absentee owner operation - minimal hands-on management required
• Established customer base with 7+ years of operational history
• Simple business model with proven profitability
• Market expansion opportunities as competitors face operational challenges
• Home-based operations reduce overhead costs
GROWTH POTENTIAL:
Significant expansion opportunities exist both locally and nationally. The current owners have successfully operated remotely, demonstrating the scalability of the business model across multiple territories throughout the United States. The growing corporate housing market and declining satisfaction with alternative platforms create favorable conditions for expansion.
MARKET POSITION:
The business benefits from an expanding market where corporate clients prioritize consistency, reliability, and professionalism over price. As traditional platforms like Airbnb implement higher fees and reduced support, this company's focus on professional service creates a competitive advantage.
SUPPORT & TRANSITION:
The seller will provide 30-60 days of comprehensive training to ensure smooth transition and operational continuity.
IDEAL BUYER:
Real estate investors are particularly encouraged to apply, given the synergies with property investment and management expertise.
Reason for Sale: Owner health considerations necessitate this sale of an otherwise thriving business.
This represents an exceptional opportunity to acquire a profitable, established corporate housing business with significant growth potential and minimal operational complexity.
About the Business
- Years in Operation
- 8
- Employees
- 2 (1 Full-time, 1 Part-time)
We have a full time cleaner and a full time lawn care person during the lawn sea - Currently Home Based
- Yes
- Facilities & Assets
- All furniture, furnishings, linens, sheets, towels, kitchen supplies, cleaning supplies, office inventory, computers.
- Market Outlook / Competition
- Our market is expanding. As Airbnb host find themselves paying more fees - horrible host support - and companies need more reliable service - our clients no longer look at price but consistency, reliability and professionalism.
- Opportunities for Growth
- Expansion would be easily established. The owners have operated for years out of state, making a new territory easily accessible across the US>
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 1,000
- Rent
- $730.00 per month
- Lease Expiration
- 2/8/2028
About the Sale
- Seller Motivation
- Health reasons.
- Transition Support
- 30 to 60 days of training included.
Listing Info
- ID
- 2448368
- Listing Views
- 55
Listing ID: 2448368 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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