FOR SALE: High-Demand NC Areas

Price: $2,500,000
Location: Winston-Salem, Kernersville, High Point, Greensboro, Madison, NC

Business Overview:
Triad Nightly Home Rentals is an established and profitable Airbnb business operating across 4 prime properties located in the Triad region of North Carolina. With a strong and loyal customer base, consistent high occupancy rates, and robust annual revenue, this is a rare opportunity to acquire a fully operational business. The sale includes 4 high-quality rental properties, each fully furnished with $20k worth of custom furniture, as well as all business operations and future bookings.
Annual Gross Revenue for 2024: $503,000
Annual Net Profit for 2024: $274,000
Occupancy Rate: 57% (with plenty of room for improvement)
Asking Price: $2,500,000
Profitability: Stable income
Payout History:

The business has demonstrated strong year-on-year growth in Airbnb payouts alone:

2017: $2,041.01
2018: $28,556.49
2019: $42,616.73
2020: $56,030.93
2021: $77,363.47
2022: $135,981.07
2023: $164,743.30
2024: $293,970.32 (as of the latest available year)
These payouts represent only Airbnb earnings and do not include other revenue streams such as bookings from our website, VRBO, Booking.com, Expedia, insurance claim housing checks, or other channels.

Sale Includes:
Real Estate:

4 well-maintained, income-producing properties located in prime areas of Winston-Salem, Kernersville, and Madison, NC.

Property Management System: Full access to property management software (Lodgify) used to streamline booking, payments, and guest communications.

Ongoing Contracts and Vendor Relationships: Includes vendor relationships for cleaning services, maintenance, and other essential services, ensuring seamless operation.

Operational Knowledge: Complete systems for managing operations, guest check-ins/outs, cleaning protocols, and guest communications.

Furniture and Furnishings:
$20,000 worth of premium furniture and furnishings in each of the 4 properties, ensuring guests have a luxurious and comfortable stay.
High-end furnishings, décor, kitchenware, and essential amenities will be included in the sale, allowing the buyer to continue operations without interruption.

Instant FF&E Write-Off: The buyer could instantly have $150,000 in Furniture, Fixtures, and Equipment (FF&E) write-offs upon purchase, offering immediate tax advantages.
Team of Experienced Staff:

Most of the business operations are automated using Lodgify, including booking management, guest communications, and payment processing.
A virtual assistant handles guest inquiries, guest relations, and other administrative tasks, allowing for minimal hands-on involvement.
With a few tweaks, this business could easily transition into a 100% absentee-run operation, making it an ideal investment for someone looking for a passive income stream.

Annual Gross Revenue for 2024: $503,000
Annual Net Profit for 2024: $274,000
The business comes with 4 fully furnished properties in high-demand areas with established clientele, and systems in place for seamless operation. Additionally, the current occupancy rate is 57%, leaving ample room for improvement. A buyer with the time or resources to implement pricing strategies through tools like Pricelabs or Wheelhouse could significantly boost occupancy
Instant FF&E Write-Offs: Immediate tax benefits through $150,000 in FF&E write-offs.
https://www.airbnb.com/rooms/650625673892249272?guests=1&adults=1&s=67&unique_share_id=d983aeeb-93cc-4f37-83bc-fff34b5ffe7a
https://www.airbnb.com/rooms/1155020324421477261?guests=1&adults=1&s=67&unique_share_id=67a291b6-6f93-46f8-9028-ef3698b3ffc3
https://www.airbnb.com/rooms/1321352882280759233?guests=1&adults=1&s=67&unique_share_id=d1efed1b-5f50-4147-a667-97f7fcb2fc90
https://www.airbnb.com/rooms/25287827?guests=1&adults=1&s=67&unique_share_id=612e97a2-6c73-4381-91aa-9f5d2eb0324a