OLÓN: Ecuador: Rincón d'Olón Boutique Hotel

Rincón d’Olón Boutique Hotel has 12 Luxury Rooms for a total of ~40 Guests

The building is a solid construction made in European Style and is fully reinforced and has high end finishings.

The business is perfect, the best mix of Families, Couples, Tourists & Locals (from 2million City at 2hours).

We made 80k in 2016, 95k in 2017 and 100k in 2018 with around 35-40% in costs (labor, maintenance, comisions, purchasings, etc, etc, etc)

Olón is Ecuador's #1 Upscale Beach town and just 3km from surf and party town Montanita (where the young people stay). Filled with villas, upscale restaurants, stores, direct buses, etc, etc, etc Olón has one of the nicest, longest, widest sandy beaches lines with green grassfields & palms. The connected forest and river are pristine, the hills green all year round, over 600 expats living neaby during the whole year, plenty of opportunity for growth.

Our Boutique Hotel is the only one in town with a pool, gym, games area, recepcion, parking, garden, buffet breakfast, quality beds & decorations & year round occupancy. This has allowed us to have great occupancy and the best reviews in the wide, wide area!

We are selling after 4,5 years of building, owning and managing the property. We have turned it into a very profitable business, everything is 100% perfect state and updated in 2019 (All rooms and all areas). 

The place basically runs itself, 2 part time staff + 1 volunteer do all the work. The owner just does pricing, some sales & checks up 

(instead of a volunteer, you can use that extra room for a real manager or for yourself (the room is spacious enough to normally live in)

DETAILS:

Every one of our 12 Luxury Rooms is equipped with:
-    Orthopedic Beds (total: 12 Queen Sized + 6 Full Sized + 4 Sofa Beds)
-    Mini-bar/Fridge, Water Cooker & French Press, Cups, Glasses, etc
-    32’’ HD TV with 60+ Channels & Roku for Netflix and more
-    Excellent 50MB WiFi (UBIQUITI Enterprise w/ NETLIFE Fiber Optic)
-    Modern Bathroom with white tiles to the ceiling & Unlimited Hot Water
-    Doors, Windows, furniture of Hard Wood (Guayacán, Chanúl, Morocho)
-    Decorated in modern fashion, all rooms have been updated in 2019

+ 1 Private Room for Receptionist/Volunteer/Manager with bathroom

Hotel Facilities:
-    Rooftop Restaurant for ~40 Guests (Continental Breakfast Buffet) with View
-    Ground Floor Outdoor Shower & Footshower & Top Floor Guest Bathroom
-    Small Heated Swimming Pool with Roof, Cascade & Fun Air Bubbles
-    Pool cabin with 2 pumps, heater, air pump, cleaning equipment, etc
-    Tropical Garden with 100-year old Trees & Jasmin Bushes & Sunroofs
-    Parking Lot on Communal land, space for 8+ cars/trucks
-    Cabaña with Lounge Chairs, Hammocks, Desk, seating, etc
-    Big BBQ Area Fully Equipped with Drinking Water, Tap & Equipment
-    Complete Laundry Room with 2 washers, 2 dryers, waterpump & heater
-    Big Cistern for Water Storage (6000+ gallons, over a week with full hotel)
-    Reception Desk with all necessities & Video Surveillance (16+ Camaras)
-    Board Game Area with loads of Board Games for young and old
-    Mini Gym, outfitted with the basic equipment for daily exercise.
-    Garden Bar with sink, cupboards, Panoramic fridge, etc
-    Gate & Reception with Card or Key Entrance & RING doorbell (Android/iOS)
-    Free Bicycles & Disposal area outside the Gate

Build 2015 – Completely Renovated 2019

Great Name-Awareness, High Amount of Return Customers, Decent Website, Many Facebook & Instagram Fans, Best Reviews of Any place in wide Olón Area: 9.5 out of 10 on Booking.com (202+ reviews) and #1 on Tripadvisor, Google, Facebook, Hotels, Expedia, Trivago, etc

Business is solid, very profitable with proof of revenue over 100k/year. All Customer information, Goodwill, Name & Logo, Staff (2 half-time ladies for cleaning & 1 half-time maintenance).

Building is 100% Guaranteed, European construction with solid foundation and reinforced pillars & floors gives the option to add 2 floors. Modern finishings and marble/porcelanate floors combined with hardwood details make it modern, easy to maintain and clean and very cozy & relaxed for guests.

Owner is available for a few months to train manager/receptionist/owner/new staff and guarantees every single equipment is 100% in working condition and all the furnishings and furniture is in good state. 

Comes with at least 2 sheets, towels, etc per bed/room and everything else needed to run the hotel. The hotel has never been closed and is turn-key available immediately or on a set date. Partial low-interest financing may be available directly with owner.