AirBNB Business FOR SALE!

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Financial Highlights
Asking Price
$497,000
Revenue
$340,000
Business Description

Proven portfolio of 4 short term rental properties, each in safe, popular neighborhoods in Dallas area and stacked with wonderful amenities and HIGH ratings on all platforms. ;) Portfolio yields average of around $12,000 per month NET PROFIT (approx $144,000 annual SDE). *This business uses the rental arbitrage model. Which means we are selling the business only... NOT the real estate :) New leases on each property will be established with the buyer. Cash buyers only. No bank financing. Cleaning company already in place and cleaning schedule is automated through app. Listed on AirBNB, VRBO, and Booking.com. Includes all of the furniture, fixtures, and equipment at each property. Training is included :) We also have contacts for physical property management: someone to check on each property every week, treat the spas, make repairs, audit the cleanings, etc. (~$500/weekly pay) *This is in case you want to be hands off If interested, please contact me for more info :) Location: Murphy, Texas Year Established: 2020 Number of Employees: 0 Real Estate: Leased Facilities: Beautiful residential homes ranging from 1600 square feet to 2600 square feet. *The houses themselves are NOT for sale. *All homes are leased from landlords who take care of any major mechanical or structural issues that may occur with the home. All homes are in safe, convenient neighborhoods in Dallas, TX and surrounding suburbs. Each home is fully furnished and includes many unique amenities. Cleaning company and system already included at no extra cost. All properties listed on AirBNB, VRBO, and Booking.com with high ratings. Website: wakeupintexas.com Market Outlook/ Competition: Currently, the STR(short term rental) market is exploding, and demand is higher than supply, ESPECIALLY in the DFW area. There are many other AirBNB, VRBO, and STR hosts who do well, and the average net profit per property in the area is about $1000 per month. OUR monthly averages per property are over $3000 per month, 3X that of the average competitor. This is because of our unique systems, which we will hand over to YOU. Growth & Expansion: Hundreds of people are moving to Dallas and surrounding suburbs every day, and Dallas is on the top 10 list of fastest growing cities in America, seeing a 20% population increase last year. That said, there is PLENTY of room to grow your portfolio. However, the average cost of getting a property of our caliber up and doing as well as ours requires a lot of time, energy, and money. It usually takes us two good months of work and around $40K of investment capital to launch an instantly successful property. So ask us how WE can do this for you!

Business Details
Industry:
Financial Services
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 4, 2022

Updated: 1 day ago

Views: 14

Favorites: 0