Business For Sale Listing 138592
Beach Resort With Property For Sale
Status as of Dec-2-2008 at 06:02 PM: Active
Business Summary
Mexican Beach Resort Hotel With Valuable Beachfront Property for sale for $3,200,000--5 lots with 125ft of beachfront! "Boutique" Style hotel has 10 guest rooms with patios & private baths. Occupancy has averaged 80%+ range for past 4 years due to strong repeat & referrals base from past guests. Average guest looking for comfort & this destination is popular with celebrities looking for a place to relax with an element of privacy. Resort restaurant has reputation for serving regions best food & seats 40 guests. Average guest stay is 5 days & they consume most of their meals here. Resort retailing & merchandising Surf Shop carries a variety of beach items. 24ft. boat can be used for guided fishing & surf tours. Shop serves as compact business center. 100 meter pool with deck & pump room. Resort caters to a broad range of travelers from upwardly mobile surfers, ecotourism & adventurers to weddings, honeymoons & retreats. Winter brings a "snowbird crowd" from USA & Canada, while summer attracts a more international variety & seasoned surfers. New highway from Michoacan is providing a new market of upscale tourist. A renovation has recently begun, the final cost between $400,000 & $500,000! The resort will be fully operational during this process & the time period is estimated to span about 2 years. Once complete the average cost per night is projected to increase to $250.00 or more. Restaurant will be upscaled & expanded, increasing revenues by additional 25%+. Resort is featured in numerous travel guides & websites, all very complimentary, well distributed & cost free. Merchandising program includes assorted logo wear & their website generates a solid flow of new clients & serves as a reservation system. Prime Pacific beachfront property north of Ixtapa & Zihuatanejo, Mexico. Beachfront real estate prices are currently in the $450.00 USD per sq. meter range. New residence next door is estimated to be over $4 Million USD. Call now for more information.
Categories
Industry
Location
| Classification: |
Mexico |
| Location: |
Near Zihuatanejo, Guerrero, Mexico |
Financials
| Sales: |
Between $500 Thousand And $1 Million (800,000) |
| Profits: |
Between $100 Thousand and $500 Thousand (400,000) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Between $2.5 Million and $5 Million (3,200,000) |
