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Newly Established Hotel for Sale in Antigua Guatemala, Guatemala

For sale: New hotel in Antigua Guatemala with nine rooms, pool, four restaurants and jacuzzi.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 240 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Antigua Guatemala
Local Time 2:27 PM America / Guatemala
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.4 million (Native Currency: USD 1,400,000)
Reason: The owner built the hotel to sell it and plans to build seven more hotels in different cities in Gua... View More
Includes physical assets worth USD 500 thousand
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Business Overview

- The hotel is located in Antigua Guatemala which is the number one tourist destination in the country. The hotel opened its doors 2 months ago.

- Located a few minutes from Antigua´s downtown, it is an ideal place to rest, but at the same time close to the tourist and entertainment area.

- The hotel is environmentally friendly and unique. Management has used sea containers for the rooms, remodeled in a modern and cozy style.

- It also has a variety of restaurants, swimming pool and jacuzzi in some rooms.

- Bookings can be done by offline as well as online methods. The hotel is listed on Airbnb.

- The current owner of the hotel operates an easy-to-use business model to manage, where he leases spaces but does not operate the hotel or restaurants. The rooms are managed by Kiiper and restaurants are managed by individual brands. Owner gets paid by rent and lease.

- Owner of the hotel has a 20-year lease with the owners of the land where the hotel is located.

- The financials are based on the projections for this year. We have estimated good cash flow projections based on which we have arrived at the valuation of USD 1.4 million.

Products & Services Overview

Rooms, restaurants, pool and jacuzzi in some rooms.

Assets Overview

The assignment of the lease of the land, contracts with restaurants, contract with Kiiper, containers and land improvements. Other physical assets include room, pool and restaurant equipment.

Facilities Overview

Owned property with nine rooms, one pool and four restaurants stretched out in a 2,500 square meters built-up area. Monthly lease amount of the land is USD 1,300 with an increase of 2.5% annually.

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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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