Excellent Holiday Property Management Business In Garden Route For Sale

Business description

Business started by present owners in 2003. Situated in a beautiful buzzing location in this popular coastal town, they are the rental agents for owners of holiday homes and apartments. The location is perfect and they do get a lot of walk-in customers. They currently have +-/ 130 luxury self catering apartments and houses available to rent as well as 6 permanent apartments. The business consists of 3 divisions - Rental, Cleaning and Maintenance. The cleaning division is a very important part of the business to clean all the units which they rent out. All washing are contracted out to a local laundry. Maintenance is a small part of the business but also important, it involves general maintenance and the purchasing of equipment ie cutlery etc. They receive 15% commission on each rental transaction and they bill the owners for the maintenance, laundry and other costs. An excellent program was developed in house for the bookings and management of financial information of each unit. It is easy to use and very powerful. New owner must be registered with the EEAB. This is a smooth operating business, all systems are in place and the staff know exactly what to do. This business is well administrated with excellent systems in place, situated in the best spot in town. Why be part of the rat race any longer, come to the most beautiful part of the country and live the good life!

Property information

Real Estate:

Lease

Other information

Furniture / Fixtures value:

R825,000 (included in the asking price)