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Airbnb property management business in Melbourne BR1366

$120,000

Melbourne, Victoria

Airbnb property management business in Melbourne BR1366

Established, profitable, easy-to-operate. Operating since June 2015 this business is owned and run by the original founder. It was one of the first Airbnb management businesses in Melbourne and accordingly appears on the 1st page of Google without any SEO or Google advertising having been paid for (for search terms such as 'Airbnb Management Melbourne' and 'Airbnb Host Melbourne').

The owner spends just 30 minutes to 1 hour per day replying to guest booking enquiries and emails, all cleaning and other items are outsourced.

Business currently has 20 properties in the portfolio (15 active listings) listed only on Airbnb.

Strengths / Benefits
- Huge growth potential (not a cent has been spent on advertising of any sort including SEO)
- Ability to generate a large passive income
- Exciting new industry with the potential for many complementary sources of income (self organised tours, airport pick ups, etc.)

Website
- Built using a Wordpress template. Can be edited easily without web design or coding experience.
- Website was receiving approximately 1020 new property enquiries per week in 2017 and 2018. Receives about 5 new enquiries per week now (again with no marketing budget whatsoever).

Airbnb Account
- SuperHost status for 10 consecutive quarters (2.5 years)
- Airbnb account has over 1,500 reviews

Reason For Sale
- Owner looking to pursue different venture. Not enough time to grow the business.

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business. Please quote reference BR1366.

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    Last updated: 24th May 2019

    Summary

    Property Type
    Business
    Contract Type
    For Sale
    Location
     Melbourne
    State
     Victoria
    Price
    $120,000
    Category
    • Management Rights
    • Property/Real Estate

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    Contact

    Boyd Ryan