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Asking Price$599,000
Revenue$700,000 Established2009
Cash FlowUndisclosed Employees20 full-time
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableNo
Real Estate$450,000* Home-basedNo
* Included in Asking Price
12 rooms, 2 suites and full bar and restaurant located directly on the best beach in Panama, includes large pool, laundry, parking, satellite TV,  full AC, manicured gardens and lawns with shade palapas, and generator.  Fully trained staff with central location on the beach.  Capacity of 64 people.  Well known by Panamanians, ex pats,  travel agencies, and Panamanian tour groups.
Facilities:12 rooms, 2 upper suites, bar, restaurant, office, storage, laundry, maintenance building,pool, gardens, lawn, palapas, parking, generator, satellite TV, WiFi, propane gas tank, public bathrooms.
Competition:ONLY western standards hotel located directly on the beach. This business will NEVER be duplicated here again due to a 300% increase in property prices and a 200 to 300% in material and labor prices. One other western standards business but located across the road from the beach that due to violations could be shut down
Growth Potential:the beach grows everyday, lots of private homes and recent 24 room condo, potential to buy property on either side. Brand new 24 room condo without a bar/restaurant so many customers for food/drinks
Training/Support:fully trained 20 person staff for open hours of 7 30 to 10 00 including night guard. Both owners willing to train or support for as long as necessary. One owner is mostly in charge of improvements/maintenance and other is in charge of the restaurant/bar being a chef. Our food is widely praised and all the recipes will be yours. Our general manager runs the hotel operations.
Seller Financing:available with with a minimum of $250,000 down payment. price may be lowered by selling room
Sale Reason:ready to do something else (not in Panama)
Ad #108373
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scot arnold
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