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Beautiful And Successful Beach Hotel For Sale

Canoa, Manabi
Asking Price:
$990,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$50K - $100K (USD)

Our hotel counts with 20 rooms with private bathroom and 2 fully equipped apartments with a kitchen/living room, 1 bedroom and 1 bathroom. There is a restaurant that serves up to 60 people and parking space for all the guests, as well as a spa with jacuzzi and sauna, a bar and a conference room for about 50 people. Not forget to mention the swimming pool and play park for children.

Of course we have a reception with furniture, an office, a big kitchen, various storage rooms and a laundry room.

All rooms have their own balcony, air conditioning and plasma television. 5 rooms have a king-size bed and a sofa bed, the rest have king size beds and bunk beds for families. All with good matrasses, pillows and sheets.

The land is 3300m2 (30 by 110 meters) with the front being right on the beach. The back is close to the main road into Canoa. We are close to the city center, but enough on the edge to not have noise problems from music from bars at night.

Our reputation is very good, both in the community as on-line.
We are the proud owners of 5 consecutive Certificates of Excellence from tripadvisor (2015-2018).
We are the first 3 star hotel in the area, classified by the Ecuadorian Ministry of Tourism.
Our overall rating in Booking.com is always 8.3 or more.
A lot of our clients find us by word-of-mouth, and come recommended by friends or family.

Canoa is a small fishing town that has been growing thanks to tourism. The beach is broad and unique, with 17 km of soft sand all the way to the next village.
The sea is perfect to learn surfing here, same goes for paragliding. There are a variety of tours close, like Isla Corazon (manglar island with loads of birds) and Finca Organica Rio Muchacho (very peaceful dry forest farm to hang out and learn).
Tours by bike and horse are also offered.

The hotel is fully functioning and would be a very good source of income for whoever decides to buy it.

It was constructed in 2008 by profesionals.

Property information

Real Estate:

Real Property Included

Living Accommodation:

One of the appartments is perfect to live.

Location:

Canoa, right on the beach

Premises Details:

Land of 110x30 m.

Size in square feet:
10,826

Business Operation

Expansion Potential:

The parking lot if big enough to build more rooms if you want.

Competition / Market:

Mostly hostels.

Reasons for selling:

We want to go back to our home country because of family reasons

Trading hours:

24 hours

Employees:
8
Years established:
10

Other Information

Support & training:

We would be available the first months for questions and help

Furniture / Fixtures value:
$75,000 (USD) - included in the asking price
Inventory / Stock value:
$25,000 (USD) - included in the asking price
Website:
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