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Priced $220,000.00 with $100,000 net profits in 2008 and 2009 profits tending towards $120,000. The company offers spacious designer-decorated fully furnished luxury short term rentals in high demand Toronto Areas. Clients include business travelers, government officials, diplomats and wealthy individuals/families. This is a well priced and very profitable company with unlimited growth potential. this business would be ideal for a business minded individual with a passion for customer service and interior decoration.
The company offers a lower cost alternative to expensive hotel suites with higher-end services and more intimate accommodation. This is a high growth industry with the efficiency and flexibility to provide a higher value service to customers at a much lower cost than luxury hotels and can better match consumers' changing needs for accommodation services.
This is a 10 years established company with an extensive online presence and loyal customers that enable it to reach occupancy rates of more than 95% while paying very reasonable monthly rents to apartment owners and reach therefore a high level of profitability.
This is a rare opportunity to acquire a very profitable and exciting business with a 2 years payback period and huge growth potential.
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