Property Management, Vacation Rental Company Valuation
Business Valuation of Vacation Rental Property Management In Central Florida March 6, 2015 by Michael Shea PA (Edit) Anyone remotely aware of the small business market in Central Florida is no doubt aware that the sale of vacation rental management companies is a significant portion of the market place. For the past several years I have sold dozens of these companies and have come across some really bizarre statements from buyers and brokers alike about what is the methodology for valuing one of these companies. The purpose of this blog post is to provide what i hope is some reasonableness to what I think is the appropriate methodology for valuation. Some background first: There are some 17,000 or more homes and growing of properties that are in specific zoned zip codes where this type of business can be conducted. The number of companies handling services known as vacation rental management are @500 or more. An absolute number for this is not definitivel...