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Beach Resort Hotel with Property
     Fort Lauderdale
 
   Financial Details:
  Asking Price: $6,995,000
Payroll Dispersed: $0
Business Debt: $20,000
Annual Revenue: $1,249,278
Annual Net Profit: $635,870
EBITDA: 129,600
Gross Annual Income: $0
Annual Cash Flow: $0
   Description of Business
  This well established business has been successfully operating as a special interest hotel and resort for 7 years. It sits on a large parcel of land located just 180 yards from the tropical shores of Fort Lauderdale Beach. This resort offers 36 spacious studios and suites with amenities such as continental breakfast, rooftop sun deck, 2 swimming pools and a large jacuzzi, laundry facilities, BBQ grilling station, massages, internet access from a computer in the lobby as well as wireless in the rooms. Room\'s available for short or long term stays. Property is private and secure in a relaxed Florida atmosphere set amongst lush tropical foliage. This operation is generating an EBITA of $573,000 on an adjusted basis and shows a steady stream of revenues for the past 4 years. The operating hotel and the real estate are being sold together. Please contact agent for more details, 954-970-1049.
   General Information
  Website:
Reason For Selling:
Number of employees: 1-10
Year Founded: 2002
   Features of Property & Location:
  Secure and enclosed property includes completely remodeled rooms and facilities, several heated pools, gym, computer terminal, kitchens and kitchenettes, private baths, pet friendly accommodations available.
Business Competitors:
  This resort has a giant database of repeated clients from the United States, Europe, and South America.