Vacation Rental Property With Entertainment Venue
Off-MarketBiloxi, MS
Vacation Rentals With An Entertainment Venue
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$1,000,000
$250,000
25.0%
2025
30+ Days
Customers
The business consists of two components: short term rental tenants and ticket sales from the event space for concerts, comedy shows, corporate events, weddings, Mardi Gras organizations, and other gatherings.
Customer Acquisition
Vacation rentals acquired organically through multiple booking platforms and increasingly through direct social media and digital advertising.
Team
The team consists of part-time 1099 contractors and a business partner who serves as the venue GM. A housekeeper (1099 contractor) handles turnover and restocking of the rental units and manages the on-site laundry facility.
Owner's Role
Owner manages the short-term rental operations.
Reason for Selling
The seller is a real estate developer who builds and sells properties, not an operations-focused operator. He intended to build the property and sell it but ended up managing venue operations unexpectedly. He is seeking an exit to focus on real estate development.
Contracts
No
Real Estate
Property comprises six short-term vacation rental units (five one-bedroom and one two-bedroom, apartment-style), 12 commercial condos for lease, and an event venue with a bar. The 15,200-square-foot building sits on 1.5 acres with an additional half-acre parking lot across the street. The property features a 5,000-square-foot courtyard for use by office tenants and short-term rental guests. The real estate appraisal valued the property at $4 million.
When Are You Looking to Sell
ASAP
Licenses Required
Short-term rental units hold renewable annual licenses that can be transferred to buyer. **Separate beer and liquor licenses both held and transferable to new owner. **Property zoned CB (Community Business) providing unlimited operational capabilities. **Designated as resort area and entertainment district allowing 24-hour liquor sales and to-go alcoholic beverages.**
Business ID: 1558
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence