Profile number 107179
Sale of tourist rental management companies - Northern Spain
21/11/2023 Date added
Located in
Navarre
Also interesting for this region (s)
All of the country
General information
Sector
Service industry
Type of company
Other
Legal entity
S.L.
Type of transaction
(Legal) merger
Life phase enterprise
Growing
Employees in FTE
5 - 10
Type of buyer
- MBI candidate
- Strategic acquisition
- Investor
Financial information
Turnover last financial year
€ 250.000 - € 500.000
Asking price
€ 250.000 - € 500.000
Earnings before taxes
€ 0 - € 100.000
Company history/background
2 operating companies for sale, both from the same family and whose activity complements the other.
LOCATION: Pamplona, Navarra
AGE: Year 2015 Limited Liability Company
TYPE OF SERVICES:
-Fully integrated management of rental properties for tourists in Navarra and La Rioja
-Laundromat business + comprehensive cleaning services for tourist properties
REVENUES:
Tourist Property Management business
Total 2022: 222,000 Euros
End September 2023: 277,000 Euros
Total projected 2023: 340,000 Euros
Laundromat
Total 2022: 76,308 Euros
End September 2023: 96,181 Euros
Total projected 2023: 120,000 Euros
COMBINED REVENUES BOTH COMPANIES
Total 2022: 298,955 Euros
End September 2023: 373,819 Euros
Total projected 2023: 460,000 Euros
PORTFOLIO FOR SALE
-60 properties under management between Navarra and Rioja
-30 unique clients
EMPLOYEES:
Total 6 employees between both companies
OFFICES:
Tourist rental management company €450/month
Company Laundromat rental €400/month
REASON FOR SALE: Family decision, retirement
Sale of tourist rental management companies - Northern Spain
Region
Navarre
Sector
Service industry
Type
For sale
Turnover
250.000 - 500.000
Overname
250.000 - 500.000