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BUSINESSES FOR SALE

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Businesses For Sale   >>   Dominican Rep. Businesses For Sale Categories   >>   

Successful Hotel For Sale

Location  Dominican Rep.
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2003
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  As required.
Reason for Sale  Other business interests.
Description  Successful 60 unit Cabarete Dominican Republic hotel with great expansion opportunity $5,800,000. This successful 60 units hotel is located in the heart of Cabarete center. The units are 36 1br apartments (about 80 m2) and 12 2 bedroom / 2 bathroom apartments (about 115 m2). The common area is 2500 m2 big and consists of a newly redecorated restaurant, bar and a big pool. The common area was redecorated for $300,000 last year so everything looks very tasteful. But more than anything you can do here a good real estate deal. The hotel comes with a 10,000 m2 vacant land which has been approved for building and drawings for 66 brand new 2 bedroom/2bathroom condos! Here you can start building tomorrow! Features include: cable TV, electric generator, gas connection, phone line, power converter, refrigerator, stove & water heater. Email or call Jim Baker at 321-452-3462 for more information on this hotel for sale.
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