The company is a premier vacation rental business located in Miami, FL. In operation since 2015, the company rents luxury villas on platforms such as Airbnb and HomeAway.
After starting with one property, the company now rents out nineteen properties with between four to ten bedrooms. A-list celebrities such as Leonardo Dicaprio, Jamie Foxx, Kevin Hart, Mark Wahlberg, and Drake have all been guests in one of the company’s homes. Currently, the company’s villas rent from anywhere between $999 to $7,500 a night for very high-end properties in Miami Beach.
In Miami’s laid-back business culture, the company has stood out by delivering a concierge level of customer service that went beyond the highest levels previously observed in the market. The company’s team always over delivers in terms of paying attention to the little things that create a lasting impression, and this has helped them to deliver a great customer experience. This has boosted its ‘word of mouth’ marketing by reinforcing its brand value and bringing in more customers.
The company has yet to achieve its full potential due to the owner’s strategic decision to limit the business’ growth in order to keep it at a manageable size. Various opportunities for growth still exist for the company through concierge service offerings, expansion within the current market and new markets, and growing the team.
- Expertly-curated collection of unparalleled luxury villas, offering the very best of world-class amenities.
- Uncompromising attention-to-detail and exceptional customer service.
- Highly professional and experienced staff members.
- Strong potential for expansion into the “experiences” segment.
- Impressive client roster expanding from wealthy vacationers to professional athletes and celebrities.
- Access to short-term rentals in exclusive areas.
- Strong online and social media presence with stellar reviews on Airbnb, HomeAway, Facebook, and Google.
- Modern and user-friendly website that is constantly updated and improved to bolster customer service.
- One-on-one human interaction with guests and homeowners.
- Outstanding financial performance over the past 2 years, achieving a 371% increase in revenue, 327% increase in gross profit, and a 508% increase in net income.
- Although the Company was launched only a few years ago, it’s on track to reach $8.5 million in sales and $1.3 million in SDE by 2020, implying a 44% CAGR compared to 2018.
|Years in Business||4 Years – Since 2015||Ownership||100%|
|Employees||4 full-time employees||Facilities||Company is run remotely without a physical office|
|Hours||Mon-Fri: 10:00am – 8:00pm
Weekends: 11:30am – 6:00pm
|Reason for Sale||Current owner is moving back to Europe to be with family|