Services - Hotels & Other Lodging | Services - Other Travel & Transportation

Asking Price	$18,500,000	Inventory	$87 room 100%**
Gross Income	$3,700,000	Real Estate	Long term land lease**
Cash Flow	Not Disclosed	Year Established	1973
FF&E	Restaurant/Hotel*	Employees	12-16

* included in the asking price

** not included in the asking price

Great business for sale

Welcome to the Maui Oceanfront Days Inn. The hotel is on a quite bay on Keawakapu Beach. The community of Wailea is a world-class community with shops and championship golfing and is located within 1 block of the hotel. The property timeshare work has been (90% COMPLETED) with both State and County authorities. The property is located on 2 long term land leases with the Department of Land & Natural Resources. The restaurant is on a Triple NNN lease (operating agreement) which pays base rent, common area fees, & percentage rent up to a maximum of 9% of the gross income. The property was built in 1973 and was completely rebuilt in 2000-01. The facility is a member of the Wyndham hotel family with over 7,000 hotels and enjoys both national and international sales exposure. The property is located on the beach with crystal clear water (temp is 74°) year round with only 1-4 foot waves. The property has been awarded the coveted (RCI GOLD CROWN) timeshare designation pending the decision to go forward with timeshare sales program. This property is a must see and has been meticulously maintained since the renovation in 2000. In addition, there was over $700,000 spent on in-room soft goods & other high end upgrades in 2007. www.mauioceanfrontinn.com

Facilities: All rooms offer TempurPedic beds, in room coffee, premium cable TV & HBO, microwave, & wireless internet access. Timeshare (FULLY FURNISHED MODEL) on site, plans & extensive marketing analysis. Parking lots accommodate 143 SPACES. The 4-Diamond restaurant is 6,400 sq ft, has seating for over 150. GE air conditioning, solar hot water system, on-site laundry room, vending machines, in-room safes, & guest safety deposit boxes. Business desk and computer center in the lobby.

Competition: This may be the only mid-priced hotel property on the beach in Hawaii. It is located on Keawakaup Beach voted (AMERICA'S FINEST BEACH) 10 times by (CON NAST MAGAZINE).

Growth/Expansion: Average daily rate will greatly increase with the future health and wealth of America.

Financing: Assumable

Support/Training: There is an excellent on-site General Manager and a new front desk Wyndham computer system with ongoing training & support.