Established STR Company in Destin, FL

Destin, FL11 years in operationTeam of 14

Asking Price

$2.8M

Annual Revenue

$2.4M

SDE

$620K

Multiple

4.5x SDE

Business Overview

Best-in-class STR management operation on Florida's Emerald Coast. Fully systematized with absentee ownership model, long-term management agreements, and a reputation for luxury guest experiences.

Performance Metrics

Avg Occupancy

72%

Avg ADR

$310

RevPAR

$223

YoY Growth

+8%

Owner Retention

95%

Avg Contract Length

36 mo

Reason for Selling

Retirement

Quick Summary

LocationDestin, FL

Units75-100

Revenue$2.4M

Growth+8% YoY