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Resort for Sale in Kingston Parish, Jamaica

For Sale: Resort and hospitality business with 15,000 sqft area and 20+ rooms.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 450 thousand
Run Rate Sales USD 460 thousand
EBITDA Margin 20 %
Industries Resorts
Locations  Kingston Parish
Local Time 4:32 AM America / Jamaica
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: JMD 300,000,000)
Reason: Difficult to take care of due to sole ownership and the owner is 78 years old.
Includes physical assets worth USD 1.3 million
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Business Overview

- Resort business in Jamaica that has been operational for over 25 years.

- This is a sea facing property with plenty of ventilation.

- Property has over 25 rooms along with other amenities.

- Business generates free cash flow and self-sufficient.

- Also the business is self-running without any debt burden.

- We organize parties, celebrations, boat rides, events, marriages, and big convocations.

Products & Services Overview

Resort with rooms and food for parties, celebrations, boat rides, events, marriages, and big convocations.

Assets Overview

Building, property, fixed assets, soft furnishings, fitouts, room electronics and electrical, and furniture.

Facilities Overview

This is around 15,000 sq ft of owned facility at the sea in Kingston Parish.

Capitalization Overview

Self funded business without any outside lending.

Business is viable and generating enough cash to manage the operations in a day to day working conditions.

Sole ownership business.

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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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