An exceptional opportunity to acquire a sought-after, income-generating property together with an established holiday rental and property services business.
Established for more than 30 years, the business manages approximately 120 holiday rental properties, ranging from entry-level self-catering accommodation to premium and high-end homes. It has built a strong market position, an established customer and property-owner database, a strong online and social media presence, and an experienced operational team.
A key differentiator is the additional home management division, providing services including cleaning, laundry, housekeeping, garden services and general property maintenance. This division contributes approximately one-quarter of gross income, providing a valuable recurring revenue stream alongside the seasonal holiday rental business.
The business operates from a centrally located commercial property with excellent visibility, which is included in the sale. The property generates its own rental income and provides the purchaser with both an operating business and a tangible underlying asset in one transaction.
KEY HIGHLIGHTS:
- Established since 1989
- Approximately 120 properties under management
- Second-largest holiday rental operator in its market
- Diverse portfolio from entry-level to high-end accommodation
- Strong online and social media presence
- Established database of repeat customers
- Recurring income from property management services
- Experienced operational team
- Owner only semi-involved in the business
- Commercial property included in the sale
- Business value: R4.5 million
- Property value: R11 million
- Combined asking price: R15.5 million excluding VAT
- Normalised business income of approximately R1.65 million
- Property net income of approximately R744,000
This is a rare opportunity to acquire an established tourism-related business with a substantial property portfolio, recurring service income and the underlying commercial property included. The combination provides an attractive platform for an investor or owner-operator looking to acquire an established business with both income-generating operations and property ownership.
Serious buyers will be required to sign a Non-Disclosure Agreement (NDA) and provide suitable proof of financial capability
