This is a very profitable, turnkey, manager-run, fully staffed, open and operating, home-based business in the very desirable and affluent Lake Anna/Smith Mountain Lake, VA area. This is a prime highly visited vacation area known for its beautiful beaches.

The business has Market Operations Managers in place that oversee the day-to-day operations of the business including guest relations, maintenance, cleaning, etc.

This is with one of the largest Short-term Property Management companies in the world with billions in assets under management that merged with a franchise brand and is the largest property management franchise brand in the industry worldwide.

What’s the best thing about short-term rentals?

You can find them everywhere! Also known as private accommodations, travelers can find short-term rental options on the beach, in the mountains, located in urban cities, on golf courses, and in rural communities. Not only does this provide travelers with a better option over hotels, but they offer an investment option in the private accommodations industry, which is on the rise.

In addition to diversity in accommodation types and locations, Statista reports a predicted compounded annual growth rate of 4.42% from 2023 to 2027 in the short-term rental industry. This shows the strength of the industry worldwide, and now you have the opportunity to get involved!

Regardless of whether the real estate market is booming or busting, more than 1/3 of the nation's population (that's 100+ million people) are renters. And MANY of the owners of these properties NEED knowledgeable and professional property management services.

BRAND DESCRIPTION:

This is with an industry leading short-term rental property management franchise that prioritizes property stewardship and creating memorable guest experiences.

TRAINING & SUPPORT:

Comprehensive initial training and lifetime support provided by an industry leading brand.

OWNER ROLE:

This is a manager-run business.

BUSINESS HIGHLIGHTS:

• Short-term rentals growing 10% per year.
• GREAT growth potential - Increase revenue by retaining and recruiting additional 3rd party property owners and individual property owners + control/reduce costs and opportunity to acquire other markets to scale and grow
• Act as a property management company.
• The Seller will have continued vested interest in the success and growth of each market.
- NOT “Buy and bye!”
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FINANCIAL PROPOSITION:

• Asking Price – $3,520,000
• Current Revenue – $5,800,000
• Current Income – Including Employee (Managers) expenses - $880,000
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CAPITAL REQUIREMENTS:

• Minimum Net Worth: $5,000,000+
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NEXT STEP:

If you would like to learn more, you must request and complete a Non-Disclosure Agreement (NDA) to be in a position to receive full information.

Returning your NDA does NOT obligate or commit you in any way, and all information is completely confidential. There is NO cost or additional investment for our services, experience, and expertise.
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Disclaimer: We do not guarantee the financial performance of any franchise, licensed affiliate, or business opportunity. The decision to purchase a franchise, licensed affiliate, or business opportunity must be based on the buyer’s independent research analysis. We in NO way warrant information provided by a seller or buyer. This does not constitute an offer of a franchise per the registration requirements by the Franchisor.