travel business for Sale in Oklahoma

Add-On: Oklahoma / Vacation Rental Management / $912K Adj. EBITDA

Add-On Opportunity: Oklahoma Based / Luxury Vacation Rental Management / $912K Adj. EBITDA / $11.1M LTM Revenue / Asset-Light Model The Company is a scaled, asset-light vacation-rental operator and third-party property manager serving the Broken Bow and Hochatown, Oklahoma market. It manages an amenity-led portfolio of luxury cabins ranging from one to more than ten bedrooms and accommodating groups of up to 40 guests. The Company provides full-service management to cabin owners, including revenue management, multi-channel listing distribution, reservations, guest services, housekeeping, maintenance, and monthly owner reporting. Revenue is generated from cabin rentals, cleaning fees, administrative and booking fees, host service fees, pet fees, and ancillary guest services. The operating platform is supported by 72 directly employed personnel across housekeeping, maintenance, guest services, and administration. Guest acquisition is led by the Company’s direct-booking website, supplemented by major vacation-rental marketplaces. Managed cabins are owned by third parties, leaving the operating entity with minimal capital expenditure requirements. Key KPIs - **LTM July 2026 revenue:** $11.05 million - **LTM adjusted EBITDA:** $912,000 - **LTM adjusted EBITDA margin:** 8.2% - **LTM reported EBITDA:** $925,000 - **LTM gross profit:** $3.22 million - **LTM gross margin:** 29.1% - **FY2025 revenue:** $8.85 million - **FY2025 adjusted EBITDA:** $892,000 - **FY2025 adjusted EBITDA margin:** 10.1% - **Revenue CAGR (FY2023-FY2025):** 71.1% - **2026 year-to-date revenue growth:** 47.1% - **LTM revenue growth versus FY2025:** 24.9% - **Cabin-rental revenue:** $9.21 million, or 82.6% of LTM revenue - **Cleaning-fee revenue:** $1.27 million, or 11.4% of LTM revenue - **Administrative, booking and host-service fees:** $610,000, or 5.5% of LTM revenue - **Total fee revenue:** $1.92 million, or approximately 17.3% of LTM revenue - **Cabin-owner payments:** $7.07 million, or 63.9% of LTM revenue - **Employees:** 72 - **Employees hired during 2026:** 33 - **OTA and booking-engine fees:** Approximately 0.6% of LTM revenue - **Meaningful operating fixed assets:** One vehicle - **Market concentration:** 100% Broken Bow and Hochatown - **Guest concentration:** None - **Broken Bow market ADR:** Approximately $319 - **Drive-to catchment:** More than 11 million metropolitan residents - **Primary feeder market:** Dallas-Fort Worth, approximately three hours away Recent Performance Revenue increased from $8.85 million in FY2025 to $11.05 million on an LTM July 2026 basis, representing 24.9% growth. Adjusted EBITDA increased from $892,000 to $912,000, while the adjusted EBITDA margin declined from 10.1% to 8.2%. The margin change reflects investment in the operating platform during a period of rapid portfolio growth. The Company added 33 employees during 2026 to support housekeeping, maintenance, guest services, and increased booking volume. Cabin-owner payments also increased from 60.6% of revenue in FY2025 to 63.9% on an LTM basis. Despite these investments, gross margin remained relatively stable at 29.1% compared with 30.1% in FY2025. Strategic Fit The Company represents an attractive add-on for a vacation-rental, hospitality-management, resort-services, or short-term-rental platform seeking immediate scale in the Broken Bow and Hochatown market. An acquirer would gain an established third-party owner base, a direct-booking channel, a 72-person local operating organization, and full-service housekeeping, maintenance, guest-service, and revenue-management capabilities. The opportunity could also serve as a compelling new platform for an investor entering the vacation-rental management sector. The Company offers more than $11 million of LTM revenue, an asset-light operating model, no guest concentration, rapid historical growth, and an established presence in a high-rate drive-to leisure market.