Primo Destinations - Franchise
The vacation rental business is rapidly growing industry especially in resort communities where individuals are purchasing luxury vacation homes. The homes we serve often generate over $100,000 in rental income providing a significant opportunity for our franchisees to earn commissions and build an annuity business. A single individual working out of a home office can successfully run a Primo Destinations franchise and have the potential to generate a six figure income. Primo Destinations centralized technology, marketing and reservation management equip of franchisees the tools to successfully compete with best providers in the industry.
What Does a Primo Destinations Franchise Cost?
To buy a franchise with Primo Destinations, you'll need to have at least liquid capital of $50,000 and a minimum net worth of $100,000. Franchisees can expect to make a total investment of at least $75,000. They also offer a discount for veterans (35% off Franchise Fee). *
Requirements
Financial requirements for this franchise:
| Liquid Capital: | $50,000 What does Liquid Capital mean? |
|---|---|
| Net Worth: | $100,000 What does Net Worth mean? |
| Total Investment: | $75,000 What does Total Investment mean? |
Options
Options available to franchisees:
| Training: | Available |
|---|---|
| Veteran Discount: | 35% off Franchise Fee |
Franchisor Details
Facts about this franchise:
| Total Units: | 1 |
|---|---|
| Home Office: | Santa Rosa Beach, FL |
| Year Founded: | 2016 |
About Us
The vacation rental industry is large and growing with over 1 million vacation homes in the US market. The property management market serving the vacation rental industry is fragmented and primarily comprised of small local operators. While the entry barriers to providing vacation rental services are relatively low many new providers fail because they lack the technology, marketing infrastructure and operating experience to successfully compete in an increasingly competitive industry.
Primo Destinations℠, LLC has created a franchise platform for property managers, seeking to enter the vacation rental business, which empowers a local operator with the infrastructure, marketing support and operating processes to successfully compete with the best providers in the market and grow a profitable vacation rental business.
Raising Expectations
Primo Provides
- A national brand
- Training on running a successful vacation rental company
- A state of the art technology platform
- Centralized property marketing and reservation management
- Financial services
Franchisees Provide
- The sales of owner listing agreements
- On-site property management
Franchise Advantages
- Lower cost of entry for starting a vacation rental business
- Faster time to market
- Higher probability of success for business owners
- Faster path to profitability
Ideal Candidate
We're looking for franchise owners that have property management experience and the ability to sell vacation rental management agreements to owners and investors of vacation properties in resort communities. Strong organization and communication skills are important in the delivery of vacation rental services. You must have a minumum of $50k in liquid capital, and be ready to make a full time commitment.
Next Steps?
Interested? Fill out the form today!
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