Summary:
A Bulgarian SME is specialized in managing short-terms rentals. The company operates in 14 cities and resorts throughout the country. The entity from Bulgaria would like to expand their partnering network in Europe, thus they are willing to enter a franchise agency agreement.
Description:
The company is founded in 2017 in Bulgaria. Its main areas of expertise are: rentals, selling properties and management of these processes. This SME is a full-stack real estate company, which not only operates properties, but also offers an innovative way for owners to sell or lease long-term their second or vacation estates. The Bulgarian company is working on a blockchain-based solution that will eventually replace the need for brokers and traditional agencies.
This entity enables homeowners to earn more from their properties by renting them out on a short-term basis via some of the most famous platforms for renting. This home management company is focused on operating single-family units – apartments and houses, however, they also manage some boutique hotels and larger hotel-like places.
The SME form Bulgaria has its own reservation channel – a platform where their corporate clients and frequent guests can book the properties the company manages at discounted rates. Among their corporate clients are international banks, big companies, MNEs, movie production companies etc.
The Bulgarian company is interested in expanding its market share by signing a franchise agreement with European partners. All of company's services are wrapped up in a franchise package, including their proprietary software solutions, processes, procedures, sales techniques and funnels, marketing and branding guidelines, trade marks, etc. The franchise package can be made available to small property management companies, operating less than 100 units, in urban locations throughout Europe through signing a franchise agency agreement.
The Bulgarian is actively seeking to onboard companies in CEE countries, excluding Romania.
Type (e.g. company, R&D institution…), field of industry and Role of Partner Sought:
The Bulgarian company is interested in popularize their services by signing a franchise agreement with European partners. The partners could be small property management companies (short-term rental managers or traditional property managers), operating between 10 and 100 units in urban locations in Europe. The Bulgarian company is offering their proprietary software solutions, processes, procedures, sales techniques and funnels, marketing and branding guidelines, trade marks to the European franchisee.
Stage of Development:
Already on the market
IPR Status:
Secret Know-how,Trade Marks,Exclusive Rights
External code:
BOBG20211122003