Property Management And Real Estate Company In Phuket For Sale

Discover a rare opportunity to acquire a thriving property management company and Real Estate sales office in Phuket, Thailand. Offering comprehensive real estate sales, rentals, and vacation rental services with 19 employees. With a robust portfolio of 39 exclusive properties including 34 villas and 5 condominiums, this business is poised for continued growth and profitability.
Key Features:
• Diverse Revenue Streams: In addition to property management and vacation rentals, the business includes ancillary services such as car rentals, tour packages, and laundry services, enhancing revenue and customer satisfaction.
• Prime Location: Located on a main road with customer parking, the business includes a separate real estate sales office right next door, optimizing operational efficiency and customer accessibility.
• Financial Performance: Achieved an adjusted net income of 2 million THB in 2022, 3.5 million THB in 2023, with a projected increase to 5 million THB for 2024, demonstrating strong financial health and growth potential.
• Assets Included: Sale includes tangible assets such as fully equipped offices, company vehicles (2 trucks, 3 sidecars), and pool/garden equipment, towels and linen with company logo, as well as intangible assets like a premier domain name and website.
• Operational Excellence: Managing weekly maid service, pool and garden maintenance, utility payments, and villa upkeep, ensuring seamless property management on behalf of owners.
• Vacation Rental Expertise: Facilitates short-term rentals akin to hotel services, managing guest check-ins, cleaning services, and guest activities, maximizing occupancy rates and customer satisfaction.
• Growth Opportunities: No advertising expenditure to date presents significant growth potential, alongside additional properties ready for management and expansion.
Facilities and Assets Overview:
• Office Space: Approximately 250 sq. m. leased at THB 30,000 per month, fully equipped to support business operations and customer interactions.
• Equipment: Includes essential tools for property management, vehicles for transportation, and signage for prominent business visibility.
Ideal Buyer Profile:
• Perfect for investors seeking stable monthly cash flow or entrepreneurs entering the real estate and hospitality sectors.
• Comprehensive training and transitional assistance provided to ensure smooth ownership transfer.
• Non-compete agreement offered to protect the established reputation and client base.
Financial and Sales Details:
• Financial records available upon proof of funds and signing a non-disclosure agreement (NDA) with the owner.
• Yearly positive cash flow with seasonal variations, offering financial stability without the need for external financing.
Don’t miss this opportunity to acquire a well-established property management company with a solid reputation, prime location, and diversified revenue streams. With proven financial performance and ample room for growth, this investment promises both immediate returns and long-term prosperity in Thailand’s real estate market.