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Hotel for Sale in Quito, Ecuador

For Sale: Boutique hotel with 10 rooms and 2 mini-apartments in old town Quito, Ecuador.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 54 thousand
EBITDA Margin 22 %
Industries Hotels
Locations  Quito
Local Time 6:09 AM America / Guayaquil
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.4 million (Native Currency: USD 1,450,000)
Reason: Would like to sell the business and retire.
Includes physical assets worth USD 1.4 million
Interested to connect with advisors
Documents
Outside Image
Business Overview
- Beautiful hotel in Ecuador which underwent renovation a year back.
- Recent restoration work has been done under the direction of the Municipality of Quito.
- Hotel has 10 rooms, 2 mini-apartments, a reception area, a kitchen, a dining room, a courtyard, wine cellar, garden.
- Property has a new electrical system, hydrosanitary system, total structural reinforcement (columns and metal beams), new fire system, internet fibre optic connection, WiFi throughout the building, 2 soundproof rooms, efficient water heating system, thermally insulated floors, LED lighting throughout the building and wood treatment.
- Facility is also equipped with a republican room for 35 people, an auditorium for 60 people to organize weddings and functions.
- Recent occupancy rate is approximately 45%.
- Rooms cost for a day is around USD 120-200 depending on the room.
- Business is registered on online booking portals such as Tripadvisor, Goibibo, Expedia, Booking. com.
Products & Services Overview
Boutique hotel with 10 rooms, 2 mini-apartments, a reception area, a kitchen, a dining room, a central inner courtyard, a wine cellar, a laundry and ironing room, a machine room, a garden, a clay oven, BBQ zone, a republican room for 35 people, Italian balcony, inward terrace, a terrace to the outside with cathedral views, an auditorium for 60 people, 6 social bathrooms, 10 bathrooms in rooms, 3 old tubs restored, 2 commercial premises.
Assets Overview
Land, building, interiors, lights, sofas, chairs, beds, ACs, TVs, toiletries, ceramics, kitchen equipment, laundry equipment, CCTV, gardening tools, alcohol.
Facilities Overview
Owned 1,000 sq m property with 2 floors.
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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