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Vacation Rental/Property Management Established for Sale in Maui, Hawaii

Reference #: 41020175
Location: Maui, Hawaii
Price: $400,000
Amount Down: $400,000
Revenues: $445,500
Discretionary Earnings: $127,200
Total Assets: $100,000
Business Description:

Here is a great opportunity for someone who wants to live and work in Maui's paradise, have the opportunity to take this growing business to the next level, and be positioned to take advantage of the upcoming recovery of Maui's real estate market.


 This business primarily focuses on the related fields of vacation rental and property management and has a secondary focus on real estate brokerage, travel agency and insurance.  The real property (across from the beach and zoned a mixed use condo) used by the business as the office is owned by the owner of the business is also available for purchase for $395,000.


In spite of the tourist recession (which began in April, 2008), sales have grown under the present owner to an estimated annualized 2009 of $445,500.  This growth is due to the significant investment of funds in marketing and web site development and optimization, which has resulted in two state-of-the-art web sites.


 The absentee owner manages this business from California and is selling the Business because he needs to spend more time on his businesses there.  An on-site owner/manager will be able to focus full-time on marketing and sales, and will not need the additional staff that an absentee owner needs.


 Now is your chance to be ready to take advantage of the improving economy in Maui and position yourself for long-term business growth and real estate appreciation.


 Contact Tom Caltrider at 808-573-4752 for more details.



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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.