STR Property Management and Cleaning Businesses for Sale
Business Description
FIRESALE!
Elevate STR Solutions provides Property Management for Short Term Rentals: house, duplex, multi-plex, apartment, condominium, houseboat and more!
Property managers are fielding greater interest from renters in properties that provide increased indoor and outdoor space at more affordable price points.
Oh!CD is a cleaning business specializing in servicing STR Solutions Properties in Idaho as well as other home cleaning services.
Purchase both businesses together for $300K or Individually: Elevate STR for $125K and Oh!CD for $225K!
BUSINESS VALUE INCLUDES:
-Goodwill:
3-year Established STR Business!
Managing properties in Idaho and Utah
Growing and dynamic industry
1-year cleaning business for STR Properties!
Oh!CD is contracted for STR Properties in Idaho and could contract in Utah after purchase!
-Elevate STR Revenue Streams: All STR Account located in Salt Lake County Utah
2023: Net $25K
2024: Net $24K through August
--15 clients property management
--1 client - FULL Listing Management
--Property Caretaking
--Guest Relations
--Co-hosting Management
-Oh!CD Revenue Streams:
2024: $50K revenue
STR Rental cleaning - All Elevate STR cleaning contracts located in Idaho
--New Utah contract possible after purchase (Additional $8K monthly)
Residential Cleaning
-Employees:
5 1099 employees in Idaho
-STR Industry Trends:
Increased interest in single-family rentals
Consolidation in the Property Management Industry
Competitive opportunity to grow through client acquisition
Heightened regulatory risk for owners, requiring expert management services
The Value of experienced property managers is on the rise
7.19% average industry growth rate over past 5 years
-Property Management Tips:
Great Service, Great Reviews, High Occupancy
Know Your Tax Laws
Be a Budget Boss
Keep the Property Well Maintained
Charge Competitive Rates
Be Energy Efficient
Create a stand-out listing
Leverage technology
-Revenue Channels:
Short term residential rentals- All STR accounts located in Salt Lake County, Utah
VRBO & AirBnBs
Independent rental owners
$5K+ Net monthly income working part-time with wait list of new clients to take on.
-5 current properties under management (4 Utah / 1 Idaho)
-6 current properties under Coordination (4 Utah / 2 Idaho)
Your AirBnB and VRBO property manager specialist.
Contact us for more info...this business will not last long!
Elevate STR Solutions provides Property Management for Short Term Rentals: house, duplex, multi-plex, apartment, condominium, houseboat and more!
Property managers are fielding greater interest from renters in properties that provide increased indoor and outdoor space at more affordable price points.
Oh!CD is a cleaning business specializing in servicing STR Solutions Properties in Idaho as well as other home cleaning services.
Purchase both businesses together for $300K or Individually: Elevate STR for $125K and Oh!CD for $225K!
BUSINESS VALUE INCLUDES:
-Goodwill:
3-year Established STR Business!
Managing properties in Idaho and Utah
Growing and dynamic industry
1-year cleaning business for STR Properties!
Oh!CD is contracted for STR Properties in Idaho and could contract in Utah after purchase!
-Elevate STR Revenue Streams: All STR Account located in Salt Lake County Utah
2023: Net $25K
2024: Net $24K through August
--15 clients property management
--1 client - FULL Listing Management
--Property Caretaking
--Guest Relations
--Co-hosting Management
-Oh!CD Revenue Streams:
2024: $50K revenue
STR Rental cleaning - All Elevate STR cleaning contracts located in Idaho
--New Utah contract possible after purchase (Additional $8K monthly)
Residential Cleaning
-Employees:
5 1099 employees in Idaho
-STR Industry Trends:
Increased interest in single-family rentals
Consolidation in the Property Management Industry
Competitive opportunity to grow through client acquisition
Heightened regulatory risk for owners, requiring expert management services
The Value of experienced property managers is on the rise
7.19% average industry growth rate over past 5 years
-Property Management Tips:
Great Service, Great Reviews, High Occupancy
Know Your Tax Laws
Be a Budget Boss
Keep the Property Well Maintained
Charge Competitive Rates
Be Energy Efficient
Create a stand-out listing
Leverage technology
-Revenue Channels:
Short term residential rentals- All STR accounts located in Salt Lake County, Utah
VRBO & AirBnBs
Independent rental owners
$5K+ Net monthly income working part-time with wait list of new clients to take on.
-5 current properties under management (4 Utah / 1 Idaho)
-6 current properties under Coordination (4 Utah / 2 Idaho)
Your AirBnB and VRBO property manager specialist.
Contact us for more info...this business will not last long!
About the Business
- Years in Operation
- 5
- Employees
- 1
- Currently Relocatable
- Yes
- Currently Home Based
- Yes
- Facilities & Assets
- Home Based / relocatable. $1500 assets in linens.
- Market Outlook / Competition
- By staying informed and adaptable, short-term rental owners and managers can ensure their rentals remain competitive and successful in this dynamic market.
Owning the cleaning business in addition to the Property Management business will greatly increase profits! - Opportunities for Growth
- The short-term rental industry is still in its early stages but is poised for continued growth and change in 2023 and beyond. Currently functioning in 3 states but scalable.
Oh!CD is currently contracted to clean Elevate STR rentals in Idaho, but could add Utah properties with purchase of both businesses.
About the Sale
- Transition Support
- Full Transition: Technical and Business Training available. Long-term (1-2 years) is negotiable with an employment contract.
Listing Info
- ID
- 2172757
- Listing Views
- 2453
Listing ID: 2172757 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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