Description of the business for sale
Impeccably maintained 12 room resort/spa with it's own natural hot mineral water well. The waters are pristine and favorably compare to the waters of Baden-Baden in Germany. The well head temperature is 135 degrees as it comes out of the ground. There is a large out door pool and spa, a large indoor spa pool plus a large redwood dry sauna. The clientele is well established and returns year after year with the owner spending nothing on advertising. This same owner has owned the property for the last 8 years and is ready to move on after establishing a very profitable business. With some advertising effort this property could increase it's revenues significantly. Eleven rooms are equipped with full kitchens and many of the guests are snowbirds who stay for weeks and months at a time during the winter season. The room rates are fairly low and have not been raised in years and should be revised upward. The owner also offers a menu of spa services and massages that could be promoted to increase revenues.
To view this property click on lidopalms.com.
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Support / Training provided by seller
Owner will provide training on an as needed basis for the new buyer.
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Description of the facilities
The hotel sits on 24,752 sq.ft. of land plus the owner purchased an additional 2 lots abutting the south boundary of the property adding another approx 16,000 sq.ft. for additional expansion. The owner also drilled a new well 2 years ago on this land to supply the hotter water to the hotel. There are 2 active wells on the property. The property is sold completely furnished except for the owner's personal property in the owner's residence.
Desert Hot Springs is 15 minutes by car from Palm Springs International Airport, 2 hours from Los Angeles and Orange County, a little over 2 hours from San Diego, and 4 hours from Phoenix and Las Vegas.
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