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Real Estate Rental Company for Sale in Phuket, Thailand

For sale: Property management and vacation rental services business.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: THB 9,000,000)
Reason: The owner has other endeavours. The selling price is THB 9 million but will consider any reasonable ... View More
Includes physical assets worth USD 27 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Business Overview

- 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.

Products & Services Overview

The business provides property management services and vacation rental services.

Assets Overview

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.

Facilities Overview

Main street office about 250 sq. m. with car parking for long-term lease starting at THB 30,000.

Capitalization Overview

- 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.

Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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