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Asking Price:	$3,000,000 USD USA Dollars
Business for Sale Industry:	Services: Hotel, Motel, Lodging
Reason for Selling:	Other business interests
Year Established:	1998

Business for Sale Overview:

Holbox Island Beachfront Hotel For Sale For $3,000,000. Established since 1998, this is a waterfront hotel on the seashore of one Mexico's most beautiful & uncrowded islands and as yet known to the privileged few as one of Mexico's best known secrets. The hotel has beautiful ocean views and is an excellent place to enjoy fabulous holidays living close to nature & savoring the excellent cuisine served at the hotel restaurants. The Federal Government is making a survey to elect the 7 geographical wonders of Mexico. Holbox Island is the only place in the Yucatan Peninsula which is viewed as one of 7 possible winners. This is causing a lot of excitement for everyone! The hotel consists of 15 rooms, 10 independent rooms & 5 apartments & all with ocean views, 2 restaurants with bar, meeting room with ocean view, private beach and private dock. Rates range from $80 to $270 per day, for the low season (depending on the type of room & include a continental breakfast) & increase during the remainder of the year especially during the high season when everything is full & packed solid on the island. The hotel sources of revenue are mainly from the rooms & the 2 restaurants, however the tours have been a big contributor since their introduction. The accommodations offered at this hotel are superb! You have to see this hotel!

Property Features and Assets:

Considered to be the best location on the island on the northern tip of the Yucatan Peninsula, this hotel is in Holbox Island two blocks away from the main square in Quintano Roo, Mexico an area known as home to whale sharks. It is only 1 hour and 30 minutes from Cancun. The 2008 Whale Shark World Conference is being held in Holbox which will focus a lot of attention on the area and the hotel. Last year over 12,000 people came to enjoy the experience & 50% of the tours were organized by the hotel who gave a briefing & a light breakfast before the tour & lunch after the tour. The tours were a huge success! Holbox Island's bird watching, fishing and fine sand beaches are also amazing. This is a nature lover's paradise!

Market Competition and Expansion:

Excellent potential for expansion. The hotel has already capitalized on the excitement of people by organizing whale tours & with the 2008 Whale Shark World Conference being held in Holbox, the sky is the limited! No concerns regarding competition.

Additional Details:

• The property is owned.
• The owner is willing to train/assist the new owner.
• The owner may be willing to work for the new owner.
• This is not a homebased business opportunity.
• This is not a franchise resale opportunity.
• This is not a distressed business or bankruptcy situation.