Funkytown is on Utila – but where is Utila?

Utila is a charming Caribbean island 45 minutes by boat from mainland Honduras (La Ceiba). Our island is just 11 km long and 4 km at its widest and surrounded by vast coral reefs with prolific undersea life. The smallest of the major islands in The Bay Islands group, we are renowned as being one of the least expensive and most beautiful places in the world for a scuba diving vacation. In contrast to the mainland, Utila is officially English speaking. UTILA NOW RATED WITHIN THE TOP 20 ISLANDS IN THE WORLD TO LIVE ON; SEE AUGUST 2007 ISSUE OF ISLANDS MAGAZINE (for more information go to www.aboututila.com).

What is Funkytown all about?

Funkytown is a small, well established book and music store/library located right on Utila's only main street (since 2004). Funkytown is sharing a salesroom with the local DVD Rental business, resulting in cross-promotional advantages. Our customers are tourists, dive instructors and dive masters as well as ex-pats living on the island. The main business is book sales, rental and exchange. We are proud of our selection of Classics, Man-Booker-, Orange-, Pen/Faulkner-, Pulitzer Price and Nobel Price-winning literature and of course beach literature (but to a smaller amount).

Music sales and exchange makes a yet small but growing part of the daily business. This part of the business offers a lot of potential for growth but my 4 children didn't give me any time to do so yet...

Island designed T-shirts and some island style clothing (made by a seamstress on the main land) are for sale as well (expansion potential according to your own interest).

What do you get for your money?

Please note the house nor the property are part of this offer!

Tangible assets: Around 1200 books (growing number due to exchange part of the business), T-shirts, stamps, huge music database, music station. Please send an email to receive the detailed Inventory list.

Tangible assets are worth 4000 Dollar. This is calculated without shipping the books to Honduras, which would cost you probably another 3000 Dollar. Please email for a full Book-Inventory.

Intangible assets: Well established order and shipping connection for books from the USA, fantastic and relaxed working ambiance with generally great add-ons (free DVD rental and steady Computer-/Internet access), detailed accounting system.I am currently in the shop for only 4 hours a day, but the shops business hours are 9:00 a.m. until 7 p.m. During my absence the shop is run by a trained employee (included in rental price).The shop comes with a lease that includes business license, tax, water and garbage disposal.

Monthly income between 200 and 500 Dollars net. It will take you 14 month to return your intangible investment.

 The Shop will be listed in most travel guidebooks that are published this and next year, like for example Rough Guide, Moon Handbook Honduras and Foodprint as well as probably in the Lonely Planet Honduras edition 2010.

I am more than happy to provide you with more information about Utila in general, the business (Inventory list etc.) and to answer all your questions.

For general questions about Utila, you may also like to refer to the following websites:

http://www.destinationutila.com/about-utila.html

www.aboututila.com

www.utilaguide.com