Hotel for Sale in Olon, Ecuador
| 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 |
- 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.
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.
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.