Profitable boutique short-term rental (Airbnb / Booking.com) management company on Phuket's premium west coast. The company was established in 2021; the property-management division launched in mid-2022 and has grown rapidly since.
THE NUMBERS
- ~20 properties under management (villas and condos), all concentrated in one highdemand coastal zone
- THB 1.4M in management fees in H1 2024 (January–June), up from THB 0.4M from launch (mid2022) to end2022
- 100% owner retention — zero churn since inception
- 10–15 qualified inbound leads per month, predominantly organic
- Revenue model: 20% of platform payouts plus a monthly software fee per property — recurring and scalable
- International owner base (US, UK, Europe, Russia, Australia, UAE)
WHAT'S INCLUDED
- 100% of the Thai operating company and all management contracts
- A dominant local lead engine: topranked Google Maps presence for the main propertymanagement search terms in the area, plus an established 5star Google Business Profile
- Three websites: two for property management, and one fully customcoded real estate agency site with builtin workflow, SEOoptimised (valued at approx. THB 2M — included in the asking price)
- A bespoke inhouse CRM and ownerreporting / accounting system built for the Thai market (owner statements, withholding tax), running on a professional PMS / channelmanager stack with workflow automations
- Brand, domains and all digital assets
- A full, structured handover with training from both founders
WHY NOW
Phuket's high season runs November to April — that is when the majority of the year's revenue is earned. Acquiring the business during the quiet green season allows a calm, thorough handover while volumes are low, then full control of the portfolio for the coming peak. A new owner can be earning at the top of the cycle within months. The portfolio is also actively growing, so the sooner the transition, the more of that growth accrues to the buyer.
WHO IT SUITS
Either an existing property-management company looking to expand its portfolio and absorb the operations, or an owner-operator (for example an expat relocating) seeking a profitable, growing business with an established client base and steady lead flow.
The business is currently run day to day by its two founders, who are exiting to focus on other projects. Both will provide full training and a structured transition. Open to a partial earn-out tied to contract retention.
ASKING PRICE: THB 4M
The custom-coded agency website alone is valued at approx. THB 2M and is included, on top of a growing, revenue-generating management business.
OPTIONAL SEPARATE ASSET
A 3-storey building currently used as the company office, with a fitted apartment on the top floor. Below-market rent (THB 23k/month) locked until March 2029 and renewable; office fully renovated. Available by separate negotiation — indicative leasehold transfer value approx. THB 250k. Well suited to an owner-operator who also wants a ready operational base and a place to live.
Detailed financials, full portfolio breakdown, SEO and analytics evidence, and corporate documents are available under NDA to qualified buyers.
