Business Summary

The business has been running profitably for the past 8 years, but internal fights have caused serious shortage of manpower. Now the owner wish to give up, selling the business at two year NET profit. Yearly gross income nearly 18 millions, last year net profits 6,7 millions. From last September a 10% decrease in profits has taken place so far.

Central location. All rooms have aircon and ensuite bathroom. Restaurant around 70 seats on the main road, at a crossroad a few hundred meters from the beach. Night bar with pool table and sport TV counts repeated loyal customers.

Nine years contract left. 3 millions yearly rent. Increase 10% the last three years. All accounts available in three levels: receipts, hand written books, and computer recordings.
One million deposit required by the owner. Very efficent online booking system included, linked with bank account and credit card machine available. Eventually its LTD company could be also included in the sale at no added costs. Additional businesses included in the hotel: bikes rent, tours and excursions, laundry, internet cafe, minibar, taxi booking.

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