Boutique Hotel In Tampa Bay Area For Sale

Business description

Income to Owner $160,540 and trending up. Revenue $195,340 You can buy this business for $250,000. 2.87 acres of Prime Real Estate in Pinellas County available for purchase as short sale with the business $590,000. Property and business must be purchased together even though separate prices for each. Established 2005, this is a great opportunity to own and run a 2 story, 9 bedroom boutique vacation resort in a great location, current bookings through 3/12. 5,732 sq.ft. includes 3 - 1 bedrooms, 2 - 2 bedrooms, and 2 motel rooms with wetbar, office with reception area, and laundry facility, located on 2.7 acres of picturesque real estate with plenty of room for expansion. Property improved in the past 5 years with new A/C systems, a 13x50 pool, and a new submersible pump for well water. Sufficient parking includes a carport for 4 cars plus an additional 4 parking spaces. Reaching an international clientele 75% of reservations are from Europe 25% are U.S. residents. European clients book on average 4 weeks and U.S. residents book 2 weeks. Flight travel agency offering flights to Europe and European tours, Income included in gross income. New Owner has the option to live on property or reside at an outside location. Zoning allows for property to be converted to an assisted living facility or similar type of facility. Great lifestyle opportunity for the right qualified buyer.

Property information

Location:

• The business operates from a 5,257 sq.ft. facility that is Seller owned and has been in operation since 2005.
• Real Estate is available for purchase with the business for $590,000

Size in square feet:

5,257

Business Operation

Competition / Market:

Among competitors in the area the business is rated #1 and continues to attract more customers from Europe and the U.S.

Reasons for selling:

Seller moving back to Europe to retire.

Trading hours:

Open 7 days per week operating 24/7

Employees:

The business is owner operated.

Years established:

2005

Other information

Furniture / Fixtures value:

$60,000 (included in the asking price)