Summary

An exciting opportunity to acquire an established holiday rental and property services business together with the underlying commercial property from which it operates.

Established in 2002, the business has built a strong position in the market and currently manages approximately 150 holiday rental properties, ranging from entry-level self-catering accommodation to premium and high-end homes. It benefits from an established customer and property-owner database, strong online and social media presence, and an experienced operational team.

A key differentiator is the additional home management and maintenance division, offering services including cleaning, housekeeping, garden services and general property maintenance. This division contributes approximately one-third 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, giving the purchaser the opportunity to acquire both an established operating business and a substantial income-generating property in a single transaction.

KEY HIGHLIGHTS

*  Approximately 150 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 and maintenance 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 R1.6 million

*  Property net income of approximately R744,000

This is an exceptional opportunity to acquire a well-established tourism-related business with diversified income streams, a substantial managed property portfolio and the underlying commercial property. The combination offers an attractive investment proposition for an investor or owner-operator seeking an established business with both operating income and property ownership.