Grow your business while living the island life you have always dreamed!
Profitable Ocean-Top hotel for sale by owner, in Bocas del Toro, Panama
Turnkey business with excellent growth potential, located atop the Caribbean ocean, in Bocas del Toro, Panama.
*After Tax Cash Flow Approx. $450,000
*Physical Asset Appraisal (does not include business value) 3.85
* Number 1 ranked hotel in the area!
* Current un-utilized space available for add-on and/or to add a restaurant
Instant Profitability with short and long-term growth opportunity...
The current business environment has allowed for a 25% year over year growth rate, and a three-year CAGR of 16% (with the same forecast for the following years – Panama Dept. of Tourism). Additionally, despite having a fully operational management team in place, the hotel currently has great margins and profit with a substantial growth plan for the future.
About the property…
The property is 7 years old, with a complete property refresh completed in 2011. The four-story hotel, is completely built over the ocean, and boasts 16 suites, a 3-bedroom penthouse, and Presidential Suite with private gym (currently in use as the owners quarters). The hotel has a Marina, elevator, laundry, office space, as well as unutilized space for potential profit pools.
Each Suite is fully furnished with:
¥ Serta Pillow-Top King Beds
¥ Full Jacuzzi bathtub with shower
¥ Premium LCD flat screen TVs
¥ Fully equipped kitchen with mini-fridge and coffeemaker
¥ Handcrafted, solid wood furnishings and Indigenous Artwork / adornments
¥ Premium air-conditioning and water heating systems
¥ Wireless high-speed internet access
About Panama...
Panama as a whole has been experiencing terrific growth with this trend expected to continue for the foreseeable future. From a global perspective Panama has recently be recognized by several publications
1. Number 1 Place to Travel in 2012, with Bocas del Toro referenced as the top spot within Panama. (The New York Times)
2. The fastest-growing economy in Latin America (The International Monetary Fund)
3. The most globalized country in Latin America (Latin Business Chronicle)
4. The fastest-growing tourism market in Latin America (The World Tourism Organization)
5. Number 2 “best place in the world to retire to” (UK Online)
6. The worlds 8th most free economies (Frazier of Canada)
Panama additionally has one of the strongest and most stable bank systems in the world. With over 100 international banks located in Panama, it is the largest international banking center in the world next to Switzerland. The use of the U.S. dollar also eliminates Exchange risk for a corporation based in the United States.
About our Paradise...
The premier boutique hotel in Bocas del Toro and is one of the top-ranked hotels accordingly to the professional travel industry (Frommers and Lonely Planet) as well as by guests (Trip Advisor, Expedia, and more). We are located at the cusp of the tranquil Caribbean Ocean with spectacular Ocean Views from the moment you enter the hotel. The hotel is just a minute walk from restaurants, cafes, and more! From our dock, we launch boats daily for our guests to explore beautiful beaches, surfing, diving, snorkeling, hiking, dolphin tours, gardens and more…
The property sets just far enough away from all of the movement of the town center for you to relax and unwind in the modern comfort of our rooms. All of our suites offer crisp, open spaces, contemporary furnishings and sliding-glass doors that open into natural airiness of your own private balcony. Inside each of our 16 suites, you will also find amenities such as premium pillow top mattresses, fully equipped kitchen, spacious, Jacuzzi bathroom, Premium LCD flat screen TVs, and more. Including the most incredible Panoramic Ocean Views that can be found!
Please contact Chip at US# 678-400-0535 or chipikerd@hotmail.com.
More information and pictures available at www.bocastropical.com
For Sale by Owner Financing available
Price $4,200,000
