Online Marketplace For Vacation Properties
www.GlobalBX.com
Listing ID:
700362135
Listing Title:
Online Marketplace For Vacation Properties
Quick Link:
http://www.globalbx.com/listing.asp?bId=362135
Industry:
Real Estate
Industry Segment:
Other Real Estate
Country:
United States
State / Province:
Area
City:
Asking Price Range:
$1.0M - $2.5M
Gross Revenues:
$8,700,000
Cash Flow:
$3,100,000
Cash Flow Type:
EBITDA
Year Established:
2001
Number of Employees:
50 - 99
Business Description:
Premier Online Marketplace for Buyers, Sellers & Renters of Vacation Properties with 36% EBITDA Margins
Overview
- Secondary timeshare marketplace for buyers, sellers and renters of vacation properties
- Resale and rental of unused timeshare weeks
- DIY and full-service options
- 2.5 million users
- 500,000 site visits per month
- Robust mix of service offerings and price points
Future Story
Increase share in $2.8 billion rental and resale market
→ Increase uptake of online booking platform
→ Grow brand recognition through aggressive marketing strategy
→ Launch multi-tiered memberships to grow EBITDA by $1 million
Sustainability
→ Profitable during COVID-19 and enjoying strong growth in demand in 2021
→ Recurring revenue through auto-renewing membership fees
→ Fully remote workforce and online-only business model
Defensibility
→ Excellent brand reputation
→ Lowest-cost provider in the market
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