Beach Hostel. Hostal Playa Blanca in Baru Island. Colombia

1. General description
A very nice Beach Cabana in front of the sea. Total of 14 rooms, being 8 double rooms, 5 rooms for four people and one big room for 6 people. We had managed to work 2 years very hard and have promoted extensively this Hostel in Cartagena City having excellent results. We have a system set up to receive daily visitors that contributed to Hostel income. It is also available for the buyer to access offering snorkel trips and we can advice and sell you a motor boat to perform the business. Very well positioned in the web. Really good occupancy rates.

2. What is for sale exactly?
For sale is the whole business, the construction and beds and all physical items described below together with an online reservation system that includes accounts in booking, hostelworld, etc., web page and our client base and experienced to be passed on to you.

ITEM COP USD
1. double beds 12 200,000 $2,400,000
2. single beds 16 150,000 $2,400,000
3. matreses 40 150,000 $6,000,000
4. roofes $40,000,000
5. construction to unite both houses $15,000,000
6. wood for construcction $50,000,000
7. Bar $3,000,000
8. bathooms $5,000,000
9. Kitchen $5,000,000
10. kitchen utencils $3,000,000
11. Electric power plants $12,000,000
Sub Total $143,800,000
USD at COP 2000 $ 71,900
Reservation system 2500 $15,000,000 $ 6,000
web page $ 2,000
Legal protection $ 15,000
Total $ 94,900
Good Will $ 50,000
Total with goodwill $144,900
NOTE IN ORDER TO GET A QUICK SALE WE LOWER IT FOR USD 120,000
3. Prices
For 100% of the hostal we are asking USD 120,000. That includes an online system very well developed a web page running well positioned.

4. Information on the financials
In Cartagena area there are 4 really strong months which are December, January, February and some part of march (Thanksgiven) and some parts of June and July.
Then we have normal months which are October, November June and July and weak months in April, May, August and September.
The money done depends on the effort you put for example in Thanksgiven we took USD 5000 clean. So strong long weekends you can make USD 2000.
So if you organize and team up well the money is there and it gives you a nice life
So in a month is possible to get USD 5000 clean money or more. Or USD 60,000 per year.

5. Why is for sale?
We have other business to attend

6. Total land and building size
The land size is about 40 meters x 10 meters. Building size is on about 30 meters x 8 meters for the main cabana and there is a kitchen of 6mt x 3mt and a Warehouse of 6 x 3 as well.

7. Rent for the land
USD 6000 per year paid in advanced