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Hotel for Sale in Saint Joseph, Barbados

For Sale: Well established hotel that serves guests daily who arrive from major hubs around the world.
This transaction has concluded.
This Business is on a Premium Plan
Established 60-70 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 825 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Saint Joseph
Local Time 4:18 PM America / Chicago
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: USD 3,000,000)
Reason: Owner plans to retire.
Includes physical assets worth USD 3 million
Interested to connect with advisors
Documents
Ocean View
Hotel From The Top
Business Overview

- Hotel that has been successfully operating for over 6 decades.

- Property has 8 suites, 2 cottages, a 200 seat restaurant and swimming pool.

- Located in a prime location close to the beach with a good view.

- Business is registered on all the reputed online booking and marketing platforms.

- This property would also be well suited for many things other than a hotel such as medical tourism, fractional ownership, retirement residence, large family retreat, spa, surf camp.

- Primary reason for the drop in sales is the pandemic.

- Further details about this spectacular property including, photos, location, drone footage would be available upon request.

- Business has been listed by an advisor based out of US.

Products & Services Overview

Hotel that includes 8 suites, 2 cottages, a 200 seat restaurant and swimming pool.

Assets Overview

This hotel is being offered turnkey. Buyer will get the property, building, interiors, furniture and everything else available at the property.

Facilities Overview

Own property with big space. Property has suites, cottages, restaurant and swimming pool.

Capitalization Overview
Not Disclosed
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.
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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