Online rental marketplace in Western Europe for sale

Online rental marketplace for sale

• Revenue: > 1 million EUR
• Employees: > 17
• Location of the online rental marketplace: Western Europe
• Reason for sale: The owners want to grow the company in Western Europe, therefore are looking to talk to interested investors
• #CFIE ITS523

Overview of the online rental marketplace in Western Europe for sale

The company for sale runs an online marketplace for properties. The core of the business is represented by the possibility for property owners to offer their space to tenants looking for a place to stay. Through the website operated by the company, it is possible for both parties to get in contact with one another and agree on the rental terms. Homeowners can provide accommodation facilities to people such as professionals, students, and individuals. Thanks to the online platform provided by the company the rental process becomes frictionless and secure for both tenants and owners. People such as mobile workers and students can find a fine place to live with one click, the online rental solution brings a clear process flow that does not require a lot of hassle or paperwork. The owner of this online rental platform is looking for various options to increase business operations. He has built a platform that is profitable and established. However, the company is at a crossroads where it needs to invest further to grow and become a clear market leader or sell to a competitor. The owner is considering selling this business to a larger company able to take it to the next level. The ideal buyer would be a strong strategic investor that has experience with long-term apartment rentals across Europe.

Profile (strategy) of the online rental marketplace in Western Europe for sale

The company has around 10 years of presence in the market and during this time it has seen a steady pace of growth. The team is formed of 20 people with extensive experience in the business. The company developed a marketplace solution for rental accommodations. The platform makes it easy for property owners to advertise rental spaces and simplifies the online booking process for tenants. The accommodation spaces are fully furnished and can be obtained at a fair price. It is a secure solution that comes together with simplified online payment features and with household insurance offered. Usually, for the people involved, the rental process is an inefficient, painful, and frustrating experience. The company’s mission is to simplify, digitize, and secure the rental experience for both tenants and homeowners. The results speak for themselves, the platform has more than 120,000 registered users, and more than 15,000 homes have been rented generating rental income of more than 40 million euros for the property owners.

Normally, there are many challenges that both landlords and tenants must face in the rental process. The first ones are very little protected by law in case there are unpaid bills or damages to the living space. That is why they require the potential tenants to present a lot of guarantees and proof of solvency. For tenants, these obstacles, combined with expensive alternatives, generate frustration and disappointment. There is a need for security, mutual trust, and fluidity in the rental process. This is what the company’s online marketplace addresses. It helps tenants to find good accommodation for their money and rent it online without unnecessary hassle or paperwork. On the other hand, the solution allows property owners to rent their space in a simple and secure way that guarantees them rental income.

Activities and services of the online rental marketplace in Western Europe for sale

The company for sale developed an online rental marketplace that puts in contact homeowners with prospective tenants. The solution simplifies and secures the rental process.

Highlights of the online rental marketplace in Western Europe for sale

• The company developed an online rental marketplace
• The platform simplifies, digitizes, and secures the rental experience for both tenants and homeowners.
• The owners are looking to talk with potential investors that are interested in growing the business further in Western Europe

More information on this online rental marketplace in Western Europe for sale

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