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Destination Utila

Utila, Bay Islands

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Class: Commercial Type: Property Management Company Status: Sold Listing ID: 31 Price: $50,000
Access: Road and Boat View: Ocean Front Year Built: 2005

Destination Utila Description:

**This Sale Is Pending** Destination Utila is an established vacation home rental and property management company, established in 2005, with 10 years of consecutive, profitable history on the island of Utila, Bay Islands, Honduras. Specializing in quality beachfront vacation units, Destination Utila has built a reputation as the premier provider of property management service for absentee owners and reservation services for both absentee and on-island owners. It is both the largest and oldest vacation rental company on Utila. The Destination Utila website consistently ranks near the top in Google search results. The website has recently been optimized for mobile devices. Currently, Destination Utila concentrates on high-end properties located around the town of Utila along with a select number of properties at Coral Beach on Utila’s South Shore. As of April 30, 2015 Destination Utila provided property management and reservation services for ten properties and reservation services for twelve properties. There is very high potential for increased revenues by expanding property management services to non-waterfront properties in Utila Town and by increasing reservation services on the South shore, the Utila Cays and In Utila Town. The current owners purchased the company in 2008 and operate the business out of their home. They are assisted by contract associates and local day labor in providing property management and maintenance for managed properties, guest preparation and guest services. Accounting and owner communication, reservation services and website maintenance and improvement are handled by the owners exclusively. All expense of part-time workers is passed on to the property owners. Compete turn-key training is included and the owners will continue to live on the island so on-going support is assured. Destination Utila offers a quick return on investment and a unique opportunity for either a couple wanting to ease into retirement or someone who wants to harvest the company’s potential and take it to the next level.

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Agent Info

Listed by
  • Brad Ryon
  • USA Ph: 1 (850) 588-1030
  • ofc: 011 (504) 2425-3993
    cell: 011 (504) 9787 3737
  • Email Agent