This turn-key business offers a perfect balance of earning potential and lifestyle freedom. Be your own boss and run your hostel in the beautiful north coast of Ecuador, a gem in South America. Canoa, a beloved beach town, offers an ideal location with its sandy beaches, rich history, and a bustling town center.

Coco Loco, built in 2005, underwent a transformation in 2017 with major renovations and upgrades, including new communal spaces, septic systems, and the addition of rooms and a restaurant. The luxurious owner's apartment sets the hostel apart from others, with its modern design, teak furniture, and privacy.

The hostel features a variety of room types, a shared kitchen, hammocks, beautiful landscaping, two balconies, security cameras, and easy-to-maintain construction. Its restaurant can produce delicious meals and the bar serves local and imported drinks. Both can provide lots of additional income for the owner. The hostel is also suitable for large parties and events.

The business comes with a professionally designed website, an online booking system, and control of business accounts on Facebook, Instagram, and TripAdvisor. The current owner has focused on maintaining a strong online reputation, and the hostel consistently receives high ratings.

Future prospects for Canoa and Ecuador's tourism industry are positive, with the government and external organizations investing in the region's development. The area offers ample activities for guests, creating additional revenue streams for the business. The sale includes a comprehensive operator's manual and guidance from the current owner, ensuring a smooth transition for the new owner.

Please contact Darren for more information, photos, and videos of the property.