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Resort for Sale in Canoa, Ecuador

For Sale: Boutique beachfront hostel/resort with bar and restaurant on the north coast of Ecuador.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 40 %
Industries Resorts
Locations  Canoa
Local Time 7:38 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 450 thousand (Native Currency: USD 450,000)
Reason: Owner has been offered other opportunities for professional growth.
Includes physical assets worth USD 350 thousand
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Business Name
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Documents
Sale Agreement
Business Overview

- Running boutique beachfront resort that has been operational for over 17 years.

- This is a turn-key business and no further investment is needed.

- Recently renovated and upgraded the entire set-up.

- Established business listed in online blogs and guide books.

- Resort has 6 private rooms, 4 shared dorm rooms, an activity desk, a bar, and a restaurant.

- Sale includes a two-story owner's apartment.

- Buyer will have full ownership of the business which gives a permanent resident Ecuadorian visa.

- Business has amazing reviews (9.5/10 on Hostelworld, 4.5/5 on TripAdvisor, 4.5/5 on Google).

- Company has 3 stakeholders and is debt free.

- Owner is located in the US.

Products & Services Overview

Resort with 6 private rooms, 4 shared dorm rooms, activity desk, bar, and restaurant.

Assets Overview

Building, land, beds, furniture, water pumps, water heaters, fully furnished owner's apartment.

Facilities Overview

4-story building on owned land in Ecuador.

Capitalization Overview
Not Disclosed
Recent Activity
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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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