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Sosua Hotel With High Occupancy Levels
Location: Dominican Rep. -> Sosua
Industry: Hotels and Holiday Accommodation > Holiday Resorts




Business Summary

$4,200,000 The owner of this hotel has over the past 16 years developed the business into one of the highest occupancy levels of any hotel in Sosua. This is because the guests regularly return to the hotel and highly recommend it to friends and colleagues.

The management and staff go out of the way to make their guests feel welcome and to ensure their stay in the Dominican Republic is fun filled and enjoyable. The day we visited the hotel a guest was presenting flowers to the receptionist as a thank you for all her assistance. The total area is 2,000 square meters comprising of one three story apartment building, one four story apartment building, restaurant, bar, heart shaped pool, and gardens.

There are 40 rooms in total with the latest building having 17 large rooms purposely built only two years ago. It consists of 10 rooms with two king-sized beds, 2 rooms with three king sized beds, 5 rooms with one king sized bed. Three of the rooms also have Jacuzzi, bidet and shower. All the rooms have bathrooms, air conditioning, fan, fridge and balcony. The penthouse apartments have views of the ocean and the Sosua baseball pitch where young hopefuls practice hoping to become a baseball star of the future.

The other building has 23 rooms which are completely refurbished every five to six years on a rolling basis. All the rooms are currently being used and have king-sized beds, bathroom, air-conditioning, fan and fridge. Every Friday the hotel organizes a competition and provides a buffet for guests and friends which attract many to the party atmosphere. There are 16 staff who ensure that every vacated room is clean and ready for the next guest within one hour. It is perfectly located in the centre of Sosua close to all the major bars, clubs and restaurants; and only five minutes away from two superb beaches, where guests can snorkel, dive, or sail around the coast.

This Property is being offered by a licensed real estate broker. Contact for more information.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   Seller Will Provide
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $1
Seller Financing:  No

About The Business

Year Established:  2002
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

Photos

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Sosua Hotel With High Occupancy Levels Photo 1 Sosua Hotel With High Occupancy Levels Photo 2 Sosua Hotel With High Occupancy Levels Photo 3




Print Listing Id: 700224598
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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