Popular Hotel On The Beach For Sale
Location Ecuador
Asking Price Range $500K - $1.0M
Gross Revenues $100000
Net Profit / Cash Flow $100000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1997
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Owned
Training Yes
Reason for Sale Retirement
Description Popular hotel on the beach in Manabi for sale. The hotel was constructed and operated successfully by the same owner for 15 years. Now he wants to retire and enjoy life. The construction was done in 3 steps. First step 15 years ago, the second. 7 years ago, and the last only 4 years ago. 2.000 m2 construction on 2.000 m2 land.
The hotel offers 34 rooms with a capacity for 130 persons. All rooms with ventilators, tv, mosquito net, beds of fine wood and high quality mattresses. Restaurant, bar, social areas, fenced car park, on ground pools and a spectacular beach in front. The hotel has its steady clients coming back year after year to spend their vacation. In the 2 main high seasons the hotel is completely full. Further it includes 4 generators in case of power cuts and 4 water tanks. The hotel is sold totally equipped, ready and operative.
Price: $695,000 + 3% commission = $715,850
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