Semi-Passive Military Lodging | $266k Rev | 4 Hrs/Wk | Seller Fi Avail

Asking Price$279,000

Cash Flow

EBITDA$74,000

Gross Revenue$265,833

InventoryNot Disclosed

FF&E$48,000
Included in asking price
Military Lodging Apartment
Military Lodging Apartment
Military Lodging Apartment
Military Lodging Apartment
Military Lodging Apartment
Military Lodging Apartment
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Semi-Passive Military Lodging | $266k Rev | 4 Hrs/Wk | Seller Fi Avail


Asking Price$279,000

Cash Flow

EBITDA$74,000

Gross Revenue$265,833

InventoryNot Disclosed

FF&E$48,000
Included in asking price

Seller Financing Available
Business Description
Highly profitable, semi-passive military lodging business in San Antonio, TX serving U.S. Air Force pilots on temporary duty (TDY) assignments at Joint Base San Antonio Randolph. Fully furnished apartments generate $265,833 in annual revenue on just 4 hours per week of owner involvement (absentee). No employees - fully contractor-based model with zero payroll, zero W-2s, and zero workers' comp liability.

How it works:
The business leases apartments under the LLC on standard 12-month residential leases and provides them as fully furnished, move-in-ready accommodations to military members on 4-6 month training assignments in San Antonio. Guests are reimbursed at the full government per diem rate through the Defense Travel System (DTS), meaning revenue is backed by the U.S. Department of Defense rather than consumer discretionary spending. This is recession-proof, government-funded demand tied to military training pipelines that operate year-round regardless of economic conditions.

Referral Engine:
This is the crown jewel of the business. The primary guests are Air Force pilots attending various training programs at JBSA Randolph. After completing their 4-6 month stay, these pilots return to their home pilot training bases as instructor pilots. Every few weeks, a new class graduates and new trainees are selected for the same training programs. Their instructors, who are also our former guests, are in the perfect position to recommend where to stay. Combined with a referral bonus, this creates a self-sustaining, low-cost customer acquisition pipeline with a 95%+ close rate on inbound leads. This referral engine is structural, not personal; it runs on the military's own training cycle, not the owner's relationships. This makes the business fully transferable to a new owner.

Financial Highlights:
- 2025 Gross Revenue: $265,833
- 2024 Gross Revenue: $262,819
- 2023 Gross Revenue: $189,343 (growth/expansion year)
- Owner Cash Flow (SDE): $74,000+
- Average Occupancy: 85% across all units

What's Included:
All fully furnished units (~$48,000 in assets), all lease agreements (entity sale - leases transfer seamlessly), complete Standard Operating Procedures, website and email domains, social media accounts, complete invoicing setup, booking agrement templates, all vendor relationships, established referral network, regulatory compliance documentation, and 60 days of hands-on transition support from the owner/seller.

Owner Workload:
~4 hours/week from absentee owner. Monthly invoicing, guest communication, cleaning team coordination, brief sales calls with inbound referrals, and occasional move-in/move-out coordination. All processes documented in detailed SOPs - no prior industry experience required.
About the Business
Years in Operation
4
Employees
3 Contractors
No employees. All labor performed by independent contractors (cleaning, ops)
Facilities & Assets
Fully furnished one-bedroom apartments across multiple apartment communities. Each unit includes complete furniture (bed, couch, desk, nightstands, TV stand, TV), full kitchenware, in-unit washer/dryer, linens, decorations, smart lock keyless entry, high-speed Wifi, and covered carport parking. Approximately $48,000 in total furnishing assets included in the sale. Also included: website, email domains, business Instagram account, invoicing setup, booking agreement templates, and comprehensive Standard Operating Procedures covering every aspect of the business. All units are on active leases held by the LLC. Entity sale structure means all leases, vendor relationships, and other assets transfer seamlessly to the new owner with zero disruption to ongoing operations.
Market Outlook / Competition
The military TDY (temporary duty) lodging market is driven by structural government demand, not consumer spending. The nearby JBSA Randolph is part of the largest joint base in the DoD, hosting 80,000+ students annually. This business serves Air Force pilots on 4-6 month training assignments who receive full government lodging reimbursement at the nightly per diem rate, creating recession-proof, government-backed revenue unaffected by economic cycles. On-base lodging has limited capacity and lacks kitchens or comfortable living spaces, making off-base furnished apartments the preferred option for extended work trips. Several companies have operated nationally in this space for over a decade, validating the model. This business has a competitive advantage through its entrenched referral network within the pilot training pipeline; former guests become instructor pilots who directly recommend the business to incoming trainees, creating organic demand at a low acquisition cost.
Opportunities for Growth
Immediate growth opportunities: (1) Add units at existing apartment communities or nearby complexes. Each additional unit adds approximately $9,200/year in net income at current margins. (2) Expand model to other extended TDY programs for military personnel in other untapped geographical areas across the United States. (3) Diversify guest types to include civilian contractors, travel nurses, and corporate relocations. The furnished apartment model applies broadly. (4) Revenue increases automatically when government per diem rates rise on a yearly basis, with no additional effort. (5) Expand the premium amenity program (gym, cleaning, etc.) for supplemental revenue. (6) Further automate invoicing, guest communications, and booking to reduce the already-minimal 4-hour weekly time commitment. The business is currently at full occupancy across all units and growth is constrained only by the owner's decision to expand, not by demand.
Real Estate
Owned or Leased
Leased
Lease Expiration
4/11/2027
About the Sale
Seller Motivation
Pursuing other entrepreneurial ventures - starting a nonprofit.
Transition Support
60 days of hands-on transition support included in asking price. This includes weekly phone/video calls, personal introductions to all property managers and cleaning teams, walkthrough of every SOP and business process, real-time text/email support for operational questions, and guidance through your first guest turnovers. The business runs on detailed, step-by-step Standard Operating Procedures - no prior industry experience required. All processes (monthly invoicing, guest onboarding, cleaning coordination, move-in/move-out procedures, premium amenity setup) are fully documented. The seller will also introduce the buyer to vendor partners and walk through the military lodging reimbursement process so the buyer understands exactly how guests get paid by the government for their lodging.
Listing Info
ID
2491507
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Business Listed by: Trey Arnold

Listing ID: 2491507 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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