Dream Hotel for sale with excellent ROI for years Playa Del Carmen P3077
property.typesale
$3,500,000 USDproperty.tags.0
P3077
property.tags.1
Commercial Building
property.tags.2
18
property.tags.3
19
property.tags.10
2
property.tags.5
800.00 M2
property.tags.4
345.00 M2
property.tags.6
Sale
property.tags.9
Playa del Carmen
property.desc
This Dream Hotel is a World Hacienda Style building located less than a 1 minute walk from the Caribbean Sea.
Lot size approx. 345 m2
Building size approx. 800 m2
This place has 18 rooms, each one of them is different.
It is a top 20 hotel out of 239 hotels on Tripadvisor. This is the result of many years of repeat guests that return several times throughout the year this represents a great costumer follow.
Hotel runs conservatively speaking at 46% occupancy rate with an ADR of approximately 105 usd a night with approx 322k in sales and has room to grow.
About 85% of the reservations are paid in dollars.
Upstairs there´s a 280 m2 beautiful roof top with a bar and an 85m2 wood terrace with a 70m2 Palapa (grass roof) all with Spectacular views of the Caribbean Sea.
This Hotel has won Tripadvisor's Certificate of excellence in 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
In addition it has won the Tripadvisor Hall of Fame Award
Counts already with a word press webesite with google analytics and a great reservation system.
Facebook page with over 6,700 page followers
Tripadvisor 962 reviews, 545 followers,
Twitter 1,750 following ,
Instagram 780 following,
RESTAURANT
The restaurant has 90 seats. It is a Top 50 Restaurant out of 1,223 restaurants on Tripadvisor
Approximately 25-30% is local business with many returned guests, and many guests who are on vacation dine there several times while in Playa.
Kitchen has many new quality major appliances.
Street side tables have view of Caribbean Sea.
The restaurant has won Tripadvisor's Certificate of Excellence Award in 2011, 2012, 2013, 2014, 2015, 2016, 2017 and 2018
As well as the Hotel, the Restaurant has won the Tripadvisor Hall of Fame Award.
This Restaurant is the most talked about restaurant in Tripadvisor forums with over close to 3,000 comments
Facebook page with 2,376 followers, Tripadvisor 2,925 reviews
Restaurant financials will be discussed in private.
POTENTIAL GROWTH for Hotel
Hotel running 75% with no rate increase would produce 517k per year
Bringing up ADR 10usd would increase sales by 50k bringing potential to 567K
It is also possible to go up another 2 levels and 16 more rooms to reach a total of 34 rooms.
POTENTIAL GROWTH for Restaurant
The restaurant sells Breakfast , Lunch and Dinner so there is lots of room to capitalize on breakfast and lunch as well as dinner which is the strong point.
It is possible to expand the restaurant to the roof top where 98 -to 138 seats can be added, which can easily double restaurant sales
The Hotel amenities offer:
- Restaurant
- Bar
- Cable Television
- Roof Garden
- Air conditioning
* Price+ IVA (tax) 16%
EL
P3077
Century 21 Caribbean Paradise