Luxury Apartment Rental Business
Location United States
Asking Price Range < $250K
Gross Revenues $740000
Net Profit / Cash Flow $101000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2006
Number of Employees 1 - 3
Relocatable Yes
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train & consult.
Reason for Sale Starting a family.
Description The company is a virtual web based luxury vacation apartment booking agency for sale, offering guests personalized destination services. It is recognized as the premier sourcing alternative for the first class vacationer as well as executive business travelers. The company primarily specializes in Paris luxury apartments. The company conducts its business through its websites. The websites are an industry leader in their look, appeal, content, and functionality. The search, booking, and confirmation process are all fully automated and work in a very efficient and user friendly manner.
Clients and prospects can browse the available units and view details of each one. The site allows users to view professional photos, read detailed descriptions of the apartments and the surrounding neighborhood, and study the layout of the units. All weekly pricing (in Euros) is displayed and a Euro to Dollar currency conversion calculator is incorporated into each listing. Although the website is highly automated, prospective clients can contact the company via a toll free number. The current owner spends approximately 25-30 hours per week fielding calls from clients. Creating a ''home away from home'' is the latest trend amongst luxury travelers. The company focuses on destinations that have always drawn a significant number of tourists; this includes Paris, New York, and soon Italy.
The company has become the primary choice for the sophisticated and affluent vacationer and business traveler seeking an apartment in lieu of a hotel by creating a differentiated vacation experience capitalizing on personal service. This Company affords a new owner a rare opportunity of the glamour and prestige of working with the super rich and traveling to some of the most desirable places in the world. Benefits include staying for free in world class properties in Paris and New York that most people only get to see in magazines. Business can operate from anywhere!
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