Details

This online vacation rental business represents over 150 vacation properties in various price categories in popular Canadian cottage country regions. With an extensive client list of over 7,000 names, the company has continued to grow aggressively since its inception over 18 years ago.

A truly virtual operation, the business is operated by the 2 principals along with 6 staff members (4FT + 2 PT), all of whom work from their individual homes. Armed with up-to-date reservation software and other support systems, the business maintains a competitive position with other players in the space.

With its very lean operation with minimal overheads, the company consistently generates a strong bottom line to its shareholders. Its focused approach on a targeted customer base continues to yield strong growth.

This is a booming market sector. This business has chosen to focus on high-end cottages in Ontario and is acknowledged to be the market leader in these regions. They boast of a 40% return rate amongst its loyal customers.

This is a high growth opportunity due the company’s position catering exclusively to high-end properties in South/Central Ontario. The company could use its expertise to expand into other geographic areas or alternatively into more reasonably-priced properties.

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.