Unique Surfing & KiteSurfing Hotel In The Caribbean

Dominican Republic, Caribbean Islands

Seller Financing Available
Garden & Pool

Asking Price:$1,250,000

Cash Flow:N/A

Gross Revenue:$500,000

EBITDA:N/A

FF&E:$50,000

Inventory:N/A

Real Estate:$550,000

Established:2009

Unique Surfing & KiteSurfing Hotel In The Caribbean

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Business Description

Unique concept hotel: great reputation, management and excellent ROI

One of the most highly respected kitesurf & surf hotels in the world is for sale.
Located in the action sport's capital of the Caribbean; Cabarete, Dominican Republic. A purpose built surf resort for social and active people who want to learn to surf, kitesurf, stand up paddle surf & Yoga in a safe, stylish and comfortable place.

With great, reliable management in place and a proven track record of 7+ years of growing profits, this business can either suit someone who wants to own from afar, or someone who is already into watersports and wants to combine their passion with a great business opportunity.

The business has superb margins, we use no middle man or agents to sell, everything is done via our own website.
Included in the sale are 1000's of HD photo's, social media pages ( 19,000K Facebook fans, Instagram, Twitter etc.) Business has an excellent reputation and over 215 genuine Tripadvisor excellent reviews.

The Surf camp building and grounds are designed from scratch by a well known architect & built to high specs 7 years ago, and has constantly been upgraded and maintained to the highest levels.

If you are interested in a healthy & fun lifestyle and business contact us for more details about this exciting surf business for sale, directly by the owners.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
5,000
Employees:
10
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Purpose built & designed by European architect. Facilities are in top conditions, everything has been well maintained. Full stock of surfboards and accessories for surf lessons and rental. Land size is 1035m2 & clear title - 1030 m2 land in prime Cabarete center location. Room for 23 guests in 8 rooms in a secure and fun environment. Large open plan lounge, communal, kitchen & dining area, with LED lighting. High End Fibre optic & LED pool lighting system. Stylish, modern & unique design. Office space Board storage
Competition:
Business has been showing healthy & increasing profits in the last 6 years. Competition is operating in the lower end of the market, whilst our business caters for medium to high end professionals.
Growth & Expansion:
Business still has room to grow via higher occupancy in low and mid seasons. Yoga and wellness is a growing market, and a great way to improve occupancy in low season. Extra rooms can be built onsite; architectural designs already drawn up.
Financing:
Maximum of 35% owner financing is available
Support & Training:
Training and support will be provided by current owners to make sure the business will continue to be successful.
Reason for Selling:
Retirement
Business Website:
http://www.swellsurfcamp.com

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Business Listed By:
Clare

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