Holiday rental businesses for sale

Holiday rental businesses and agencies that manage and let holiday homes and apartments on behalf of their owners, for sale in Denmark.

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Sitavo has just opened — the first holiday rental agencies are on the way

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The owner agreements are the business

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Guides on the topic

Step-by-step knowledge that helps you make the right decision.

OverviewA rental agency usually does not own the houses.Introduction

A rental agency usually does not own the houses. The value lies in the agreements with the homeowners, in the booking system and in the guests who come back. Ask for an overview of owner agreements with commission, term and notice, and see how many houses have joined and left in recent years. If owners can terminate at short notice, a change of owner may cause some to leave, so ask how the seller will introduce you to them.

Guests, channels and prepaymentsSee where bookings come from: the agency’s own website, returning guests or travel portals that charge commission.Financing

See where bookings come from: the agency’s own website, returning guests or travel portals that charge commission. A strong direct channel and a well-known name in the area are worth more than a business living on the portals. Guests often pay in advance or a deposit long before the stay, and in some cases the money must be passed on to the homeowners. Get an overview of prepayments and amounts owed to owners on the takeover date, and agree who is responsible for them.

Review the booking system, website and domain too, and whether they can be transferred. Cleaning and maintenance are often handled by regular partners or seasonal staff, so ask about those agreements.

Price and key figuresSitavo’s indicative range for the category is 2–4 times profit (EBITDA), cross-checked against 0.3–1 times revenue.Finance

Sitavo’s indicative range for the category is 2–4 times profit (EBITDA), cross-checked against 0.3–1 times revenue. Many owner agreements with long terms and a high share of direct bookings push the price up.

Before you make an offerOwner agreements with commission, term and notice.Guide
  • Owner agreements with commission, term and notice.
  • Bookings and prepayments for coming seasons.
  • Amounts owed to homeowners.
  • Booking system, website and domain.
  • Cleaning and maintenance agreements.

Read the general advice on buying accommodation businesses, and use the price estimate.

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