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    Newly Established Commercial Real Estate Investment Opportunity in Vancouver, Canada

    Highly profitable condo hotel project in the Dominican Republic, seeking investment for project completion.
    Established 0-1 year(s)
    Employees 10 - 50
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales Nil
    Run Rate Sales Nil
    EBITDA Margin Nil
    Industries Commercial Real Estate
    Locations  Vancouver
    Local Time 4:04 AM America / Chicago
    Listed By Advisor / Business Broker
    Status Moderately Active
    Overall Rating
    5.8 / 10
    Compare with industry
    Partial Stake Sale
    USD 11 million for 50.0% stake (Native Currency: USD 11,000,000)
    Reason: Seeking investment for completion of a real estate project - a condo hotel. Investor will get stake... View More
    Includes physical assets worth USD 10 million
    Interested to connect with advisors
    Name, Phone, Email
    Available after connect
    Business Name
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    Business Overview

    - A highly profitable condo hotel, under construction in the Dominican Republic.

    - The building will have up to 270 residential units.

    - Comes with a pool, bar, restaurant and club.

    - Average unit charges will be USD 750 per night.

    - Projecting an annual turnover of USD 40 million, with ~10% profit margins with 50% occupancy in the first year.

    Products & Services Overview

    Condo hotel with residential units, pool, bar, restaurant and club facilities.

    Assets Overview

    Physical assets include the purchased property land.

    Facilities Overview

    Own land of 286,640 sq ft, in the Dominican Republic.

    Capitalization Overview

    The business is self-funded.

    No outstanding loans or liabilities.

    A sole proprietorship business, the owner is open to take in up to 2 business partners.

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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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    Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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