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Chicago's Premier Short Term Rental Property Management Company
Business Description
Chicago's Premier Short Term Rental Property Management Company
Established in 2019, this premier short-term rental property management company has built a dominant position in Chicago's lucrative Airbnb market. The business provides comprehensive management services for over 30 high-end properties, delivering exceptional returns through proven operational excellence.
Financial Highlights:
- Annual Revenue: $2,500,000
- Seller's Discretionary Earnings: $2,000,000
- Asking Price: $1,500,000
- Inventory Value: $10,000
- Impressive 80% cash flow margin demonstrates operational efficiency
Business Model:
This full-service property management operation handles every aspect of short-term rental management for property owners, from guest communication and booking optimization to maintenance coordination and revenue maximization. The turnkey business model has proven highly scalable while maintaining premium service standards.
Operational Advantages:
- Manages 30+ premium Chicago properties
- Lean team of 2 employees maximizes profitability
- Home-based operation keeps overhead minimal
- Established systems for seamless daily operations
- Strong client retention through superior service delivery
Market Position & Growth:
The company has established market leadership in Chicago's competitive landscape despite facing one major competitor and several smaller players. Growth occurs organically through Google search visibility and word-of-mouth referrals, reflecting strong customer satisfaction and market reputation.
The shared economy continues expanding rapidly, creating substantial opportunities for portfolio growth. Chicago's robust tourism, business travel, and event hosting market provides consistent demand for quality short-term rental management.
Transition Support:
The seller provides comprehensive training covering management systems, pricing optimization strategies, platform communication protocols, and operational setup procedures to ensure successful ownership transition.
Sale Rationale:
Owner is pursuing new business ventures, creating this rare opportunity to acquire a profitable, established operation with proven systems and growth potential.
This represents an exceptional acquisition opportunity for buyers seeking entry into Chicago's dynamic short-term rental management sector with immediate cash flow and expansion potential.
Established in 2019, this premier short-term rental property management company has built a dominant position in Chicago's lucrative Airbnb market. The business provides comprehensive management services for over 30 high-end properties, delivering exceptional returns through proven operational excellence.
Financial Highlights:
- Annual Revenue: $2,500,000
- Seller's Discretionary Earnings: $2,000,000
- Asking Price: $1,500,000
- Inventory Value: $10,000
- Impressive 80% cash flow margin demonstrates operational efficiency
Business Model:
This full-service property management operation handles every aspect of short-term rental management for property owners, from guest communication and booking optimization to maintenance coordination and revenue maximization. The turnkey business model has proven highly scalable while maintaining premium service standards.
Operational Advantages:
- Manages 30+ premium Chicago properties
- Lean team of 2 employees maximizes profitability
- Home-based operation keeps overhead minimal
- Established systems for seamless daily operations
- Strong client retention through superior service delivery
Market Position & Growth:
The company has established market leadership in Chicago's competitive landscape despite facing one major competitor and several smaller players. Growth occurs organically through Google search visibility and word-of-mouth referrals, reflecting strong customer satisfaction and market reputation.
The shared economy continues expanding rapidly, creating substantial opportunities for portfolio growth. Chicago's robust tourism, business travel, and event hosting market provides consistent demand for quality short-term rental management.
Transition Support:
The seller provides comprehensive training covering management systems, pricing optimization strategies, platform communication protocols, and operational setup procedures to ensure successful ownership transition.
Sale Rationale:
Owner is pursuing new business ventures, creating this rare opportunity to acquire a profitable, established operation with proven systems and growth potential.
This represents an exceptional acquisition opportunity for buyers seeking entry into Chicago's dynamic short-term rental management sector with immediate cash flow and expansion potential.
About the Business
- Years in Operation
- 6
- Number of Employees
- 2
- Currently Home Based
- Yes
- Facilities & Assets
- We have a centralized warehouse that has all our linens, supplies and furniture storage
- Market Outlook / Competition
- There is one major compeitor and a few smaller ones that have come online since we started.
- Opportunities for Growth
- The shared economy continues to grow at record levels. Our business expands though organic google searches and word of mouth.
About the Sale
- Seller Motivation
- We are contemplating going in another direction with a new business
- Transition Support
- We are happy to train the buyer on the management systems, price optimization, platform communication and set up.
Listing Info
- ID
- 2386988
- Listing Views
- 1432
Listing ID: 2386988 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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