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BUSINESS FOR SALE - PROFILE #  42081262

Exclusive Resort - Bahamas
Grand Bahama Island

Asking Price: $995,000   Down Payment: $995,000  
Gross Revenue:   Adj. Cash Flow*:  
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Executive Summary
Acquire a substantial position in a developing exclusive resort on Grand Bahama Island, Bahamas.  5 Acre beachfront parcel with infrastructure in place to accommodate 70-80 units, 12 units already in the rental pool.  New building containing 6 studio apartments is available for $995k.  Included with this acquisition is a substantial share of the entire property that is an upscale exclusive vacation rental property.  Accommodations range from studio apartments to 4 bedroom estate homes.  With the variety of buildings in the conceptual design of the resort, there are various opportunities ranging from $995k - $7M! Right now we are in the building stage, as buildings are finished, units will be entered into the rental pool.  The reception building and caretaker quarters are already in place.  This facility is also ideal for scuba diving events, as there are "blue holes" just off the beach and 2 reefs very close to shore.  Fishing groups have been coming to this area for years.  The Bahamas are friendly to the hospitality industry as much of their revenues are from tourist activities.  Many tax advantages are available to investors here.

Acquisition Highlights

  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1 Inventory:
Furniture, Fixtures & Equipment:
Real Estate:
Other: $995,000 Included
    Total Assets Included in Sale: $995,000
 
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.

FOR MORE INFORMATION:

Contact:  Joel Soorenko
Phone:  (239) 596-8200
Fax:  (239) 344-8304
E-mail:  info@vrnaples.com
VR Business Brokers - Naples, FL
2950 Tamiami Trail North
Suite 200
Naples, FL 34103
www.vrnaples.com
The above company and/or agent is a licensed real estate broker/and or a business broker.
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