Real Estate Rental Company for Sale in Phuket, Thailand
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 54 thousand |
Run Rate Sales | USD 50 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Real Estate Rental + 1 more |
Locations | Phuket |
Local Time | 5:19 PM Asia / Bangkok |
Listed By | Business Owner / Director |
Status | Active |
- Business is into providing property management and vacation rental services.
- The business comes with consistent income plus the opportunity to sell the managed properties. Manage over 25 properties.
- There are multiple streams of revenue including car rentals, tour packages, in-house laundry service to control costs just to name a few.
- There are 25 villas and 4 condominiums in our portfolio with the opportunity to grow.
- The property management side of the business consists of managing employees for weekly maid service, pool, and garden service, paying utilities and any other bill/invoice, upkeep villa maintenance, and acting on behalf of the owner.
- The vacation rental side of the business consists of short-term rentals similar to a hotel, check-in and check out guests, collecting deposits and payments, arrange cleaning and activities for guests.
- Yearly positive cash flow with a high and secondary season.
- The adjusted cash flow last year was 2 million net and for the current year it will be 3.5 million THB net.
- Please note there will be a considerable amount of prepaid services and items transferring with the sale. The premier domain name and hosting, fully staffed and equipped office in a prime location on the main road with customer parking, 2 company trucks, 3 sidecars, pool and garden equipment, huge company sign along with a double-sided sign on the street with LED lights which turn on automatically at night and much much more.
This is a perfect business for someone that wants to have a consistent monthly cash flow or an individual looking for a new business opportunity in real estate. There has been no money spent on advertising so there is a huge potential for growth. We're offering training and transitional assistance to ensure your success and will sign a non-compete agreement. We have a solid reputation, so we are looking for the right buyer.
- Financial records and information will be provided after providing proof of funds and signing NDA with the owner.
The business provides property management services and vacation rental services.
Tangible assets -
Fully equipped office with everything a business needs. Office with customer car parking, company truck, 3 sidecars, pool and garden equipment, and property with much more.
Intangible assets -
The premium domain name and website are also for sale.
Main street office about 250 sq. m. with car parking for long-term lease starting at THB 30,000.
- The company has no debt and only one owner.
- Consistent cash flow keeps the business running without the need for loans or out-of-pocket money.
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Earlier than 15 daysGM, Real Estate Development, Phuket, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Compliance, Corporate Investment, Bangkok, Corporate Investor / Buyer connected with the Business