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Business For Sale

29 Room Corozal Hotel Close To Beach For Sale

Corozal, Belize

Services: Hotel, Motel, Lodging

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$1,700,000
Not Disclosed
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1960
8
2237375
Owner Financing is Available!

Business Overview:

29 Room Corozal Hotel Close to Beach Plus An Additional Lot For Sale For $1,700,000! This is a full service hotel in the downtown area. Belize is English speaking & a very popular tourist destination. The Owner has made lots of new improvements to the hotel over the last year and business is good. The hotel is attractively tiled throughout and has tastefully decorated guest rooms that all have air conditioning, comfortable beds & furniture mini-fridges, color televisions, free Internet access & full private baths. All the hallways & common areas are cool, breezy & secure & the off street parking lot is very safe. As well as providing short term accommodation, the hotel provides long term rates for guests who wish to rent by the month & enjoy all of the amenities of hotel living! The hotel is a popular tourist destination & is known for its affordable rates, clean comfortable rooms & friendly atmosphere. It has a bar & gift shop. Additional floors may be added to the building as the foundation is rated for 5 levels. Included in the sale is another 50 X 100ft. lot located behind the hotel. Call now for more information.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Beautifully structured hotel covering approx. 27,000sq.ft is located on the northeastern mainland of Belize in the center of Corozal Town, within easy walking distance of restaurants, shops & Internet cafes. It is only one block away from the beach. Many visitors to the area love to stroll the scenic waterfront where they can visit the municipal pier & even hop a water taxi for a day trip to the Cayes. Great convenient place to be in Corozal! Call now for more information.

Market Competition and Expansion:

Excellent possibilities for further expansion. Additional floors can be added to the building as the foundation is rated for 5 levels. Also, included in the sale is another 50 X 100 feet. lot located behind the hotel Some competition.

Reason for Selling:

Owner wishes to relocate

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: