B/.1,500,000 Business Cocle

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B/.1,500,000

(USD 1,500,000)

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Business
For Sale
El Limon
Panama

Here some further informations:

The hotel is an

ensemble of 4 buildings in an octagonal style. They
contain 16 rooms ( 2 of them are family suites), a restaurant with 50

places, a bar, a lounge, a pavillion for conferences for 50 persons and an office, laundry and rooms for the personal. A

big terrace in a
tropical garden is also available. The hotel is the only one in El
Valle that has bathtubes in some

rooms. 2 rooms have access for
wheelchairs. For the guests exists a highspeed internet access.

The size of the

ground is 11,400 m2, the size of the buildings is about 1,400 m2.

The hotel was build step by step by a German 10

years ago. The reason
for selling it is that he wants to retire. The turnover in the last
years increased

continuously and will also increase in the future as
the hotel has a very good reputation and tourism in El Valle is

growing. Besides the income that is made from the hotel and the
restaurant more and more conferences take place that

guarantee
additional income in rainy season were not so much tourists are in
Panama as during the dry

season.

Here some numbers for 2006 and 2007:

2006:
Turnover: 200,000 $
Profit: 50,000 $
Utilization of

the rooms: 39%

2007 (expected):
Turnover: 230,000 $
Profit: 60,000 $
Utilization of the rooms: 52%

.gmayr.de/hotel FOTOS
Price: $1,500,000.00

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