Asking price: £185,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This is a great opportunity to start a new concept in selling and renting property, in the Orlando area of Florida USA, without spending huge amounts of time, necessary, to get such a project up and running. The website has been fully constructed and even a full promotional video of the area and the concept has been filmed and edited. All necessary contacts in Orlando are in place and everything is ready to begin making sales.This is the perfect holiday destination with all year round entertainment provided, with both Disney, Universal Studios and Busch Gardens on your doorstep.

The concept is quite simple. The business acts as a management company by selling and renting properties in Florida, to UK clients through their superbly constructed website.

The clients have an opportunity to purchase a ten percent holding, for ten years, in a property in the Orlando region. There are no extra costs to the clients, eg. Rates, maintenance, cleaning etc.unlike timeshare where you find hidden costs such as yearly maintenance fees. Each client has a guaranteed two week, flexible, reserved holiday period, which they can either utilise themselves or even sub-rent off, and there are no extra charges to contend with. After 10 years they can either sell their ten percent share, at the going rate, ( the last 10 years saw property rise by circa 100%) or move on to another newer property.

The management company sells the house to nine clients, each owning ten percent of the property, and the other ten percent is owned by the management company. The company also rents off the remaining weeks available and utilises this rental money to look after the maintenance and upkeep of the property.

The properties are all purchased from bona fide USA property companies, and a long list of contacts have been secured for immediate use.

This is a simple and highly profitable concept, which has already been advertised in the UK, with excellent results.

Customer Service

This is an excellent and thorough service for the customer, who has little to do apart from the initial purchase funding.

There is vast list of luxurious properties available, with 3/4/5 bedroom villas starting from as little as a £12,000 investment for a ten percent equity stake. All properties have swimming pools, garage, t.v’s and appliances, fully furnished with air conditioning. The management company look after all of the maintenance and cleaning of the properties.

All clients are able to view the properties, if they wish, in advance of purchasing, or view a copy of the companies excellent promotional video.

If any of the clients wish to stay for longer than their alotted two weeks stay, they can rent at a vastly reduced rate as preferential clients.

Key Strengths

The clients are getting an excellent deal by investing in a property for ten years for a ten percent equity in the property. During the ten years, they get two weeks holiday stay at the property, with no extra charges. After the ten year period, they can either re-invest in another property or just sell back the stake at the going rate.

The company owns ten percent of the property and utilises the other 34 weeks in the year that the property is not used and rents them off to other holiday makers in the Orlando area.. An average year would bring in a circa 25 week occupany and an average of circa £450 rental charge per week.

With a vast knowledge of the Orlando area, a comprehensive list of estate agents, property developers, property management companies and other contacts are all in place. All of the contacts are only too happy to bring new investment in from the UK. Legal matters have all been thoroughly researched and are subject to both UK & USA legislation.

Financial Information

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Relocatable: This business can be relocated.

Location
The business can be relocated to any destination.

Expansion potential
The company was formed in 2000, and the owner put together a comprehensive plan with his expert knowledge of the Orlando Property Market. After putting everything together, and making all of the necessary contacts, a website was constructed in 2001. A promotional video was shot on site in Orlando, leaving no expense spared, and a trial advert apeared in a UK national newspaper with excellent response in 2001.Unfortunately the tragic New York 9/11 attrocity happened and the bottom fell out of the air travel market to the USA. The owner and his partner decided to put their plans, to launch the company, on the back burner for twelve months while the market recovered. They subsequently carried on with their other business interests. Unfortunately the owner, had a stroke in 2002 and it has taken a long time for him to recover. Other business commitments have taken priority and the parteners have decided that they believe the time is perfect for a new and energetic investor to take the concept forward and attack this market. The housing market has taken a hammering with the credit crunch in the US. There is a huge amount of properties available in the states with bargains galore, especialy with the strength of the pound. This is the perfect time for families to make an investment in this wonderfull area. The area is one of the leading holiday destinations in the world, with all year round entertainment.Property continues to rise in Orlando at a rate that no other area in the USA can match. There is little competition apart from timeshare and rental to this concept. It can also be expanded to either mainland Europe and other popular areas of the world.

Support & training
The owners will be happy to help with all relevant information and contacts in the USA. They are willing to spend a period of time helping with the launch of the business.

Reasons for selling
The current owners would each like to pursue different opportunities and feel the time is right for them to sell the business.