Airbnb business established clients (35) and systemised.
Infinitely scalable.
With a low customer acquisition cost.
They have an established customer base to build from.
Core operating systems are in place.
So many buyers complain that the choice of businesses for sale is limited is so narrow and limited to hospitality businesses.
Here is an opportunity to buy, own and grow in an expanding high-profit business thriving in a niche market.
There are approx 1500 Airbnbs in Canberra.
Airbnb management companies solve a basic problem for the client, defined as the host. They manage bookings, cleaning and inventory management for a % fee of the booking.
The % fee paid by the property owner ranges between 15% and 25%.
Traditional property management business sells for a multiple of revenue. Normally about three times the annual rental income. If a rent roll generates $100,000 in revenue, the sale price is $300,000.
The challenge with traditional property management businesses is that they generate a profit on average of 15%-20%, depending on the business structure.
Whereas the profits of Airbnb businesses are sometimes triple that of traditional rental management businesses.
The business we offer for sale has about 35 customers at an average fee of about 19% plus costs.
Our preliminary research suggests you won't need to be a licenced agent if you buy the business.
The value of creating the foundation systems and documents needed to start and operate a business like this. But these systems and templates lay the foundation for growth.
If you own a cleaning business with staff this would be an ideal acquisition, as the growth in the company has been limited because of the inability of the current owner to streamline cleaning operations and recruitment.
The owner is open to partnering with a cleaning business that can scale operations.
If you have an interest in owning please contact Frank Walmsley directly by emailing sales at capitalcommercial.com.au