Boutique Property Management for Holiday Rentals in Bali for Sale

Australian owned and well-respected company. Founded in 2017 by the current owners, this business has come a long way since its modest beginnings and today is a highly regarded reservation service for quality villas in Bali and mainly surrounding islands. It is renowned for its focus on providing a high level of quality and service, and prides itself on quick responses to new enquiries, innovative flair and attentive service.
The contracted villas are based in popular islands and including Lembongan, Lombok and Bali.
As specialists in their field, this business has seen continuous growth over time as they strive to offer quality and sought-after luxury accommodation and services and provide their customers with positive experiences. This has resulted in the development of strong relationships with their Villa client base as is evidenced by the loyalty they have received over the past years and continue to receive today.
Key Features: Genuine reason for sale - the owners wish to retire and prepare an exit strategy, as there is no family succession plan currently in place. The owners would be open to remaining employed by a new owner if required, with an extensive training and support period available to ensure a smooth transition and minimal disruption over an extended period. A strong organisational structure is in place, with an extremely capable, contracted team in Bali running the day-to-day admin functions of the business. A strong and well-established name that is respected in the travel industry, by customers and competitors alike. 2-year agreements in place with the owners of all the villas - strong relationships endure. Customers pay deposits on booking, ensuring no working capital requirements. A solid revenue base, with growth demonstrated over recent years. Continuing negotiations for new villa listings in progress, which could increase income and profits in the months and years ahead. An extremely profitable business with sound financials and tax returns available to support the figures - excellent cash flows. Domain names and trade marks registered. Servicing of the villas is contracted to local businesses, leaving the team to concentrate on securing new bookings from travellers. Nets $294,000 after wages with new villas being onboarded recently.
Owner available for handover assistance.