Popular Downtown Hotel 1 Block From Beach For Sale
Location:
Belize
->
Corazal
Industry: Hotels and Holiday Accommodation > Hotels
Business Summary
Full Service Popular 24 Room Downtown Hotel for sale, One Block from the Beach is now for sale for $3,000,000! Belize is English speaking & a very popular tourist destination. The hotel is attractively tiled throughout. New guest rooms are immaculate, each equipped with air conditioning, brand new beds, linens & furniture, color televisions & full private baths. They also have mini-fridges, color TV & free Internet access. All the hallways & common areas are cool, breezy & secure & their off street parking lot is very safe. As well as providing short term accomodation, the hotel provides long term rates for guests who wish to rent by the month & enjoy all of the amenities of hotel living! The hotel has long been very popular with tourists to the area & is know for its affordable rates, clean comfortable rooms & friendly atmosphere. It has a bar & gift shop. Additional floors may be added to the building as the foundation is rated for 5 levels. Included in the sale is another 50 X 100ft. lot located behind the hotel. Owner financing available with half downpayment, half in 5 year balloon at 3% with adequate security. This beautifully structured hotel covering approx. 27,000 sq.ft is located on the northeastern mainland of Belize in the center of Corozal Town, within easy walking distance of restaurants, shops & Internet cafes. It is only one block away from the beach. Many visitors to the area love to stroll the scenic waterfront where they can visit the municipal pier & even hop a water taxi for a day trip to the Cayes. This is truly a wonderful place to be! Owner will stay for up to one year & will run the hotel & train staff as needed. Owners are in no immediate hurry to vacate & will stay & help the new Owner in anyway possible. Current Owners wish to eventually relocate to Cancun & will only be 5 hours away. Email or call for more information Jim Baker 321-452-3462, Matchmaker Business, Inc.
Financials
Asking Price Range: $2.5M - $5.0M
Gross Revenues:
Seller Will Provide
Cash Flow:
Seller Will Provide
Cash Flow Type: EBITDA
Seller Financing: Yes
About The Business
Year Established: 1960
Number of Employees: 6 - 9
Relocatable: No
Franchise: No
Current Real Estate: Owned
Property: Property For Sale
About The Sale
Management Training and Support: If requested, owner will stay for up to one year & will run the hotel & train staff as needed. Owners are in no immediate hurry to vacate & will stay & help the new Owner in anyway possible. Current owners wish to eventually relocate to Cancun & will only be 5 hours away.
Reason For Selling: Owner wishes to relocate to Mexico.
Click on the "I'm Interested" button above for more information on this Hotels and Holiday Accommodation > Hotels business for sale.
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Print Listing Id: 70089554
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