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Hotel for Sale in Olon, Ecuador

Boutique hotel at Ecuador's #1 beach town expanding with new beachfront.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 105 thousand
Run Rate Sales USD 108 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Olon
Local Time 12:56 PM America / Guayaquil
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: USD 1,250,000)
Reason: We want to sell or expand our profitable business. Prefer to find a partner to be able to build a se... View More
Includes physical assets worth USD 650 thousand
Interested to connect with advisors
Documents
Business Overview
- Company operates a boutique hotel with 12 rooms and a breakfast buffet, heated pool, board game area, garden.
- Generates USD 100,000 in revenue in normal years.
- Already developed a new property at the beachfront of the nicest beach town of the country.
- We currently have 2 villas there that share the facilities. Those will be removed to build a 3 floor hotel.
- Expansion to 24 new rooms at the new beachfront location.
- Company does not have any debt in the book.
Products & Services Overview
Twelve hotel rooms, restaurants, spa, yoga, cocktails.
Assets Overview
Main boutique hotel with its structure, lot, name, websites, customers.
Land attached with the beachfront property where the 3 storey hotel will be built.
We have all the approvals, building plans, and everything needed for a 4-star hotel.
Facilities Overview
3-storey building with 24 luxury rooms yet to be completed.
Premises are owned by the company as well as an existing profitable hotel, websites, customers, a new restaurant with a new spa at the new beachfront location.
Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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