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Finance And Services:

Commercial Property For Sale. Resort Hotel

LISTING DETAILS
Firms For Sale ID:
10114
Vendor reference:
950108
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$110,000  
Turnover / revenue:
$110,000
Net profit / cashflow:
$630,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
48 ROOM HOTEL 2B; GAMING LICENSE 2B; 2B; 2B; 1,000 YARDS FROM SEA OF CORTEZ WITH THE BEST FISHING IN NORTH AMERICA FOR A 24;27,500 DOWN PAYMENT . . . READ ON21;21;21; Only gaming license in the town of San Felipe, Mexico. Only Spa in town with thermal, mineral water pools. First 26; only hacienda style hotel in town 96; rustic atmosphere. Carlos Slim is major area owner. Views of Sea of Cortez 26; Sierra Madre Mountains. Hotel website describes water as getting up to 98 degree 96; 93;bathtub temperature94;.Separate discotheque building can be reopened. Owner is world class master chef with former restaurant in Mexico City. His pictures with Marilyn Monroe, Jayne Mansfield, etc. are excluded from sale.Best fishing in North America. You can put 2-3 hooks on one line and pick up 2-3 fish at one time 96; mostly white sea bass. In 4 hours 96; caught 1/2 ton of fish21; We are told 93;after fishing there 96; anywhere else is boring21;94; Never starve 96; plenty of food there. Plus 96; in these waters 96; No Pirates21;Reputation of cleanest hotel in town. Expansion opportunities: Additional land available, plus no present relations with travel agents. All repeat business 96; with groups taking up to 15 rooms. Put together your own consortium to buy hotel21;CostCo delivers what you buy to San Felipe 96; you can shop or order on-line.Lease and options extend 15 years. Expand operations and then exercise your option to buy the land and improvements.For more information, please contact Joe Gertz at (310) 539-8300.