DIGITALLY LED SERVICED APARTMENT OPERATOR WITH A PROFITABLE PORTFOLIO – BASED IN THE SOUTH EAST
Financial Highlights:
Forecast to achieve a turnover of £1.79m in YE26, with an adjusted EBITDA of £197k.
Generated a turnover of £1.81m in YE25, with an adjusted EBITDA of £101k.
Overview:
The company is a digitally led Serviced Apartment operator, with a current portfolio of 37 apartments in seven towns in the South East.
The company’s target clients are companies or corporate travellers seeking good quality short-term or medium-term serviced accommodation.
The purpose of the company was to fill the niche in the market between hotels and standard 12-month Shorthold Tenancies, supplying flexible serviced accommodation from one night to one year.
Key Highlights:
The company has seen organic growth, and holds 37 properties at present.
The company is run entirely under management, headed by a General Manager and supported by a Guest Services Manager, Property Manager, and Financial Controller. The shareholder plays no part in the day-to-day operations of the company.
Substantial opportunities for further growth, such as expanding geographical reach, providing add-ons and joint venture deals.
Daily occupancy rate of around 80%, higher than the regional average.
Enjoys a high rate of retention for both landlords and clients with numerous relationships in place since inception.
The head office is based in the South East and is leased from a private landlord.
Most key clients are medium-sized corporate organisations from a variety of industry sectors including Oil and Gas, IT, Construction, Logistics and Aviation.
