Business For Sale Listing 154128
Luxury Boutique Hotel
Status as of Dec-1-2008 at 05:59 PM: Active
Business Summary
Our firm currently represents a beautiful & romantic beachside hotel set on the most popular bareboat/charter boat destination in the Caribbean. The recipient of numerous awards from an assortment of high profile travel publications, the hotel boasts a year-round occupancy rate of greater than 63% & a better than 50% rate of repeat visitors, despite a lack of formal marketing activities. Situated on 2 lush, immaculately maintained acres set about a minute’s walk from a breathtaking white-sand beach, rented from the Crown for a nominal fee. 3 additional acres available for development such as condominiums, which can be financed through a local, international bank. 23 rooms offer something for every guest, from deluxe studios through pool suites, plantation house suites, and even a charming, colonial-style cottage. All units were either completely rebuilt in 2004 or extensively renovated in 2006. Set in a centuries-old converted sugar mill amid an exotic garden, the fine dining restaurant is consistently ranked as one of the best in the Caribbean. Second, beachside restaurant for casual dining and lighter fare; approximately 70% of the food and beverage business is drawn from outside of the hotel. Managing Director has successfully run the business for 20 years, creating an ideal situation for absentee ownership.
Categories
Industry
Location
Financials
| Sales: |
Between $2.5 Million And $5 Million (2,560,000) |
| Profits: |
Between $500 Thousand and $1 Million (688,049) |
| Profit Type: |
Earnings Before Interest, Taxes & Depreciation (EBITDA) |
| Asking Price: |
Not Disclosed |
