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Hotel for Sale in La Isleta, Venezuela

For Sale: Active 3-star hotel with 88 rooms on the island of Margarita.

Established 50-60 year(s)
Employees 50 - 100
Legal Entity C Corporation
Reported Sales USD 50 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  La Isleta
Local Time 4:36 AM America / Caracas
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.2 million (Native Currency: USD 3,200,000)
Reason: The owner is preparing for retirement. This price is negotiable and the owner is open to negotiation... View More
Includes physical assets worth USD 3.2 million
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Business Overview
Hotel for mostly executive use that expands to the beach environment with a beach club just 100 meters away which makes it a city/beach hotel.
It has attractions within the facilities which allow the guests to enjoy delicious dishes in its innovative restaurant where they enjoy drinks of any kind.
It has an annual fixed clientele of businessmen and companies who participate in fairs and meetings on the island of Margarita, which has promising growth due to the economic development that the island is having.
Note: This transaction is being handled by real estate brokers based in Venezuela. We are willing to provide to any detail or additional information.
Products & Services Overview
Room lodging with 88 rooms, a restaurant, and a conference venue for executive travelers (businessmen).
Assets Overview
The entire hotel, land, and infrastructure have a total cost of USD 3.2 million.
Facilities Overview
Two buildings are distributed in 88 rooms, 100 bathrooms, a restaurant, a conference room of 300 sq. m, a room for casino or bingo of 1,300 sq. m. , galleries, and offices. The property is owned by the business.
Capitalization Overview
These details can be shared in a meeting where we (the brokers) will clarify any questions the buyer may have about the business and/or property.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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2 Buyers viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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