Description of the business for sale
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 average 80% plus range for past 4 years due to a strong repeat & referrals base from past guests. Average guest looking for comfort off beaten path & this destination is popular with celebrities looking for a place to relax with element of privacy. Resort restaurant has reputation for serving some of regions best food & seats 40 guests. Average guest stay is 5 days & consume most of their meals at restaurant. Resort retailing & merchandising operation known as "Surf Shop" is well stocked. A 24ft. boat available for guided fishing & surf tours. Shop also serves as compact business center with payphone & pay per minute internet service. 100 meter pool with deck & pump room. Resort caters to broad range of travelers spanning from upwardly mobile surfers, ecotourism & adventurers to weddings, honeymoons & retreats. Winter season brings a "snowbird crowd" from USA & Canada & summer attracts an international variety & seasoned surfers. New highway from Michoacan providing new market of upscale Mexican tourist. New renovations in progress, resort will remain fully operational. Once completed cost per night projected to increase to $250.00 or more per night. Restaurant will be upscaled & expanded, incre
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Support / Training provided by seller
Owner is prepared to offer training & support as may be required. The Resort has a full-time staff of cooks, housekeepers & waiters, a total of about 12 employees. An outside bookkeeper, CPA & Attorney are on call as needed. Reasons for selling:Other business interests but current Owner may also consider maintaining an equity position Financing available: Owner financing available with a minimum 25% down paymentFurniture / Fixtures value:$1,400,000Inventory / Stock value:$50,000. Resort is featured in numerous travel guides & websites, all very complimentary, well distributed & cost free. Their merchandising program includes lots of assorted logo wear & their website generates a solid flow of new clients & serves as a reservation system. Amazing resort, Call now
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Description of the facilities
Prime Pacific beachfront property north of Ixtapa & Zihuatanejo, Mexico. Beachfront real estate prices here are currently in the $450.00 USD per square meter range. A new residence built next door to this property is estimated to be valued at over $4Million USD. This bay area enjoys a well balanced mix of commercial & residential properties. The resort It is also a popular destination for surfing, fishing, kayaking & eco-tourism in general. Only 30 minutes or less away from the International airport serving major airlines, an existing airport & the largest Port on the Pacific Coast, all being expanded to cater for the increase in tourism to the area. There are two, 18 hole golf courses close-by, one designed by Robert Trent Jones & the other a Von Hague. They certainly
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