Premier Vacation rental company for sale! 1250 agents, 6000 homes!

Asking Price:$195,000
Established Year:2003
Gross Revenue:$2,100,000
BUSINESS DESCRIPTION

Travel Portal! Thousands of owner and manager connections worldwide!

The Vacation Rental Experts is the top vacation rental company renting to 1250 travel agents, using our travel portal of more than 6000 homes. Our personal dashboard which immediately adds properties to our travel portal, offers over 6000 properties with photo links, home information, and the ability to make professional photo links in minutes. We have attained thousands of connections with owners and managers in our 20 years of business. We also have 65 listings on Home Away, 200 listings on A1 Vacations, and 29 listings on RedWeek, with the ability to add many more hundred of listings to easily grow the company at the owners choice. Most of our links and listings are our own professional quality photo's of the homes and condos. Prior to Covid we did $4.5 mil to 10 mil yearly. On pace to do 3 mil this year with very little overhead. We have a connection with a travel show that can easily grow our travel agent members substantially. We have expertise in many locations in the Caribbean, Hawaii, South Pacific, Mexico, Florida, mountain area's and more! We have an incredible reputation with our agents, and word of mouth alone is bringing this number higher every week. We have an incredibly bright future ahead. By using points, and taking the photo's and editing the photo's ourselves, we have been able to cut costs way down. Of course with our own photo's, the quality of them are much higher, and we don't run into our clients, and travel agents booking the home from under us. We are starting to really ramp up the sales, and will continue to grow and are on pace to get back to pre-covid numbers by 2024, with much less overhead. While the travel industry really took a hit with Covid between Feb 2020 and Dec 2022, this year is getting back to normal. We have 109 bookings with $750k in sales in the first 4 months of 2023. We believe this time next year the company will be worth 2-3 times what I am asking currently.

In house Dashboard
-6000 photo links and detailed information of homes and condos with links to owner, manager, search engines, and more. Easy ability to make photo links for any home or condo within minutes. Organized in its specific area's. We also have a separate links we used in the past with about 3500 more photo links. We also have a google docs system we used previously with more detailed information on homes and condos we book.

Travel Portal (Password protected)
For the use of our 1250 travel agents with 6000 photo links and detailed information of homes and condos. Most of these agents we have met in person at travel Forums and have an excellent relationship with.

Travel Forum and travel agent connection
We have a Travel Forum connection that we have used to meet in person hundreds of travel agent owners, that each have have anywhere from 5-200 agents that they employ or work through them. This has allowed us to add hundreds of agents to our travel portal. When the agents book through us, word spreads quickly. The agents love us, since nearly every one of them get tons of rental and large group requests, that they just don't know what to do with them. We have just barely scratched the surface with travel agents.

Owner and manager connections
We have several thousand connections with owners and managers worldwide that we book homes and condos through. Many give 10%-20% commission. Most of them we have met in person and have taken our professional quality photo's of their homes and condos. Many allow us to list their properties on rental sites globally. There are several thousand more properties that we can list on many of the sites below.


DETAILED INFORMATION
Inventory
Not Included in asking price
Employees
7
Competition
We are very unique in what we do. We have little to no competition with other rental companies catering to travel agents and has thousands of connections with owners, and managers worldwide.
Growth & Expansion
We are only at about 5% of our capability. If it was not for covid, we would have many more thousands of travel agents going through us. We also have the ability to list hundreds of more homes and condos to the many rental sites. We have barely tapped into our potential.
Support & Training
I can thoroughly train the new owner, and sales people coming in. My general manager who is very good at what he does can train anyone on the inner working of the business as well. We can make a very smooth transition.
Reason for Selling
I would like to use my skills to help someone else take the business to another
Home-Based
This business is Home-Based
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Bob Dittrich
Bob Dittrich