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Guesthouse / Surfcamp / Retreat / Lifestyle Change For Sale

Cabarete, Dominican Rep.
Asking Price:
$890,000 (USD) Furniture / Fixtures included
Sales Revenue:
$120,000 (USD)
Cash Flow:
$45,000 (USD)

Ready for a life-style change?

Own and run a Surf Camp / Guesthouse / Retreat located on the North Coast of the Dominican Republic.

Play host to active adults and families from all over the world.
Be exposed to a new culture and language.

This is what my wife and I did 10 years ago, after selling our small business in the USA. We are Swiss by birth. Since we are now well into our seventies it is time to look for younger hands to continue our legacy.

The business is totally updated and profitable.

If you would like to see detailed financial and legal documents relating to the business, please contact us.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

170 sqm owner's or manager's penthouse apartment with large terrace, modern kitchen, 3 bedrooms and two full baths for owner

Location:

Playa Encuentro, 500 m from the best surf break in the Caribbean and 3 km from Kitebeach

Premises Details:

8 studio apartments located in tropical garden with pool
Owner's penthouse on first floor of main building

Size in square feet:
1700 sq m
Planning Consent:

Yes, has a deslinde title, the strongest legal protection available in the DR

Business Operation

Expansion Potential:

Add 3-5 more apartments on adjacent lot to increase high season revenue

Competition / Market:

Surfbreak Cabarete, El Encuentro Surf Lodge

Reasons for selling:

Age of owners (75 and 78)

Trading hours:

24/7

Employees:
1 part time gardner and 2 part time maids
Years established:
2006

Other Information

Support & training:

As much as requested by future owner

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

$50'000 discount if cash sale. 20% of asking price can be financed by seller, if buyer has collateral to secure the loan

Furniture / Fixtures value:
$400,000 (USD) - included in the asking price
Website:
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