Hotel Opportunity
Location Brazil
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2003
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Reason for Sale My father can not lead the business anymore (2 ...
Description In Araruama, Rio de Janeiro, next to Buzios, Arraial do Cabo and Cabo Frio. Next Macae and Campos, the Oil & Gas polo in Rio de Janeiro (Araruama is been exploring for Oil as well). 6000m2 of area, the only ONE Hotel in region with own source of water and energy generator. 2 pools (with a little atificial fall), bar, 2 restaurants, complete kitchen, convention center, theatre and movies for 300 people. solarium, 25 suites with ar and tv, etc. The owner (my father) has invested in the Hotel than he had 2 strokes, just before the beginning, unfortunately. Me and my brother don't understand nothing about hotel business (I'm a teacher!) and we prefer to get the money back. All past debts (construction only) will be payed by us. I can send more information and photos, but it is a SERIOUS proposal and I don't want to receive contacts from people that don't have real intentions in know more. I prefer to talk a bit first, to avoid false buyers. The price is R$ 2,500,000 (reais. BRL, it's about US$ 1,000,000). Contact for more information on this Hotel business for sale.
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