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Popular Hotel, Turnkey Cash Flow Opportunity For Sale

Mompiche, Esmeraldas, Ecuador
Asking Price:
$270,000 (USD) Furniture / Fixtures included
Sales Revenue:
$42,000 (USD)
Cash Flow:
$33,300 (USD)

Highly popular ECO-hotel + private home for sale in Mompiche, Ecuador. Why not team up with a few of your best mates and take advantage of this exciting opportunity in an exotic surf destination? We would be happy to help you put together an administration team who can manage the day to day, you get extra money in your bank account every month and you get to call this lush coastal paradise your new home any time you feel inspired.

Mompiche’s most recommended hotel (as per TripAdvisor and Lonely Planet) is available for purchase. Located on Mompiche’s main street and just a 3-minute walk to the beach, the hotel is an established Mompiche brand with custom-built bungalows and Balinese-style showers constructed around the ethos of tranquil open-air living. The entire property was made from locally-sourced materials and construction methods which had the least environmental impact. It is a teeming oasis of flora and fauna, with lush botanical areas visited daily by an array of birds and butterflies.

With three of the most stunning beaches on the northern coast of the Ruta del Sol within walking distance and located on one of South America’s most famous surf breaks, this unique highly successful hotel is a tropical paradise for nature lovers, surfers, and yoga enthusiasts.

Included in the sale of the hotel is a luxury eco-residence (a tropical-style 80 sq.mtr / 861 sq.ft home with two bedrooms and one bathroom). Total combined sleeping capacity is 28 people and total property size is 1317 square mts / 14,175 square ft. Construction began in 2013 and the hotel has been open for business since January 2014. All business licenses and taxes are up to date and the property is titled and registered. The owners are selling to move closer to aging parents. An extensive prospectus of the property is available upon request. **Adjacent to the hotel is an additional plot of land (327 sq.mtr / 3520 sq.ft) with a loft-style wood and bamboo cabaña located on Mompiche’s main street, offering ample development opportunities. This property is also owned by the sellers of the hotel and may be added to the hostel purchase for a price increment.

AWARDS
• Tripadvisor Traveler ranked 1 of 28 specialty lodgings in Mompiche 2020
• Google Business Traveler ranked Top Choice and Guest Favorite in Mompiche 2020
• Most recommended hotel in Mompiche in Lonely Planet’s August 2018 (most recent) paperback Guide to Ecuador
• Mompiche hotel selection for 1 of 5 best surf spots in S. America by Flight Network Australia

Guest Facilities On Site:
Restaurant / Bar / Garden

Attractions & Activities For Guests In The Local Area:
Scuba diving, Surfing, Hiking, Cycling, Mountain Biking, Horse Riding, Wellness, Fishing, Nightlife, Cafés, Bars, Restaurants

Owner Facilities On Site
Owners accommodation, off-street parking, private garden

The projected ROI of 100% can be achieved within 60 months by implementing the following changes:
• Rental of the Main house & Re-development of Cabaña 7
• Daily functioning of the restaurant / bar
• Increase direct bookings by adding a credit card payment option to the hotel's website, thereby reducing commission fees to third-party booking sites

Overall, the hotel has a terrific, relaxed ambiance attracting travelers throughout the year whose interests and passions connect with the founding principles: organic living, holistic lifestyle, yoga, surfing, environmental awareness and conservation.

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

Property Information

Real Estate:

Real Property Included

Location:

Las Mercedes

Business Operation

Reasons for selling:

We are selling to move closer to our aging parents.

Employees:
3
Years established:
7

Other Information

Website:
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Related Documents:

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