Charming 16-Room Hotel with Restaurant at Stann Creek, Belize

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Available

$ 800,000.00 USD

Property Type

Business for Sale

Description

This turnkey 16-room hotel and restaurant, situated in the heart of bustling Stann Creek, Belize, offers an outstanding investment opportunity in one of Belize’s premier tourist regions. Known for its stunning beaches, rich cultural heritage, and proximity to some of Belize’s top natural attractions, Stann Creek attracts thousands of visitors each year. The area offers convenient access to the Caribbean Sea, vibrant Garifuna culture, world-renowned diving sites, lush rainforests, and the famous Mayflower Bocawina National Park, making it a prime destination for travellers seeking adventure and relaxation alike. Property Overview: This impressive business, established/ built in 2019, offers significant potential based on the rapid growth of southern Belize as a premier tourism destination. • Hotel Rooms: The hotel offers a total of 16 rooms, divided into two categories: o 4 Large Rooms: Each with 2 double beds, air conditioning, TV, and hot and cold water. Rates are set at $50 USD per night plus a 10.75% tax. o 10 Single Rooms: Featuring 1 double bed, hot and cold water, but no TV. Rates are set at $32.50 USD per night, with breakfast excluded. • Restaurant: Fully air-conditioned and open Tuesday through Saturday from 6 am to 10 pm, with shifts managed by chefs and waitstaff. Since its official opening, the restaurant has generated monthly sales averaging between $12,500 and $15,000 USD, covering all operational expenses. The sale includes all permits, licenses, a modern POS system, and security cameras, providing a seamless transition for new ownership. Licensing and Amenities: • Licenses: Recently acquired BTB License, Restaurant Liquor License, and Hotel License, allowing for full operational status and profitability. • Internet: 100 Mbps high-speed internet, divided into 20 Mbps for administration, 30 Mbps for the restaurant, and 50 Mbps for guest use in the hotel rooms, supported by five WiFi extenders throughout the property. • Water and Utilities: A newly installed water pump system with a 660-gallon reservoir ensures uninterrupted water supply. Four brand-new surveillance cameras provide added security. Size and Location: • Property Dimensions: 75 feet wide by 120 feet long. • Location: Centrally located in a high-traffic area of Stann Creek, close to essential businesses, tourist attractions, and the vibrant local community. Financial Information: The current owner has recently begun maintaining comprehensive financial records as of June 2024. Operating Expenses: • Staff Salaries: o General Manager: $250 USD per week o Waitstaff: $123.75 USD per week o Chefs: $180 USD per week o Cleaner: $75 USD per week (3 days per week- Monday, Wednesday & Friday) • Monthly Utility Expenses: o Electricity: Approximately $650 USD o Phone and Internet: $175 USD o Water and Garbage: $100 USD • Annual Property Tax: $5.13 USD With its well-established reputation and strategic location, this hotel and restaurant offer an exceptional opportunity to invest in Belize’s thriving tourism market. Ideal for an investor looking to capitalize on Stann Creek’s steady tourism flow, this property is perfectly positioned to benefit from Belize’s growing allure as a tropical paradise. For more information or to schedule a viewing, please contact Edwardo Garcia at +5016105016 or email admin@prestigebelize.com

Charming 16-Room Hotel with Restaurant at Stann Creek, Belize

Available

$ 800,000.00 USD

Property Type

Description

Amenities

Location

Stann Creek

Agent

Secondary Agent

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