Asking Price $1,250,000 USD

Introduction:

Cali Plaza Hotel opened in October of 2005 and is located in one of the most popular tourist and business areas of Cali. Cali Plaza Hotel is successful and profitable. The owner wants to retire. This is a great business opportunity for someone. Cali Plaza is popular with International Travelers, and reservations are improving daily; there are no hidden problems with this business. This is a perfect time for some ambitious person or group that wants to step into a successful business that practically needs few or little changes. Serious buyers will be impressed with the hotel currently. If you are serious, please send email or personally visit Cali Plaza Hotel and see for yourself. Owner will consider any serious offer or trade for other property. View Photos of Cali Plaza Hotel at CaliPlaza. com. Photo Section at website includes photos of Rooms, Apartments, Restaurant, Nearby Restaurants, Bars, Discos, Shopping, and many other photos of Cali and Colombia.


General Information:

Currently a Successful Business!
Great Location in Entertainment District of 6th Avenue in Cali, Colombia.
New Building, Built in 1999, remodeled and converted from a Condominium building into an International Hotel in 2005.
Cali Plaza Hotel, although small, has become one of the most popular hotels in South America, on travel review sites and internet search engines.
Cali Plaza Hotel is rated # 1 in Colombia, and # 1 in Cali on Trip Advisor (the # 1 online travel review site). Cali Plaza Hotel is rated # 2 in Cali on Yahoo Travel. Most hotel guests are from USA, Canada or Europe.

Year Established: 2005

Employees: 6

Facilities & Potential:
5-Hotel rooms rent for $73.00 US per night each.
1-Hotel room rents for $50 US per night.
7-One bedroom apartments rent for $94 US per night each.
1-Two bedroom apartment rents for $142 US per night.
2-Three bedroom apartments rent for $187 per night each.
1-Restaurant, with capacity to produce $500+ US per day.)
1-Office.
6-Parking Spaces in Underground Parking Garage.
Storage Areas in Underground Parking Garage.
Full open rooftop with tile floor (Great for future restaurant, more hotel rooms or apartments, or penthouse).
Emergency Diesel Power Generator & Large Reserve Water Reservoir.
Glass Elevator (Building is 6 floors including parking and rooftop)


About the Sale

Financing: Owner financing possible for qualified buyer; Owner will consider any serious offer to purchase or trade for other property.

Support/Training: Current Owner or Manager will stay reasonable amount of time to train new Owner or Manager.

Reason Selling: Owner wants to retire.

Future Market Outlook:
Tourism and International Travelers are increasing in Colombia every day.
Cali Plaza Hotel is in a Great Location in Entertainment District of 6th Avenue in Cali, Colombia.
Cali Plaza Hotel Building is fairly new; built in 1999, remodeled and converted from a Condominium building into an International Hotel in 2005.
Cali Plaza Hotel is currently rated # 1 in Colombia (based on web-wide popularity and coverage) on Trip Advisor (the # 1 online travel site.) Cali Plaza Hotel is currently rated #2 in Cali on Yahoo Travel.

Growth/Expansion:
Cali Plaza Hotel - Business is improving every month, with many repeat International customers.
Cali Plaza Hotel is located 1 ½ blocks from “Zona Rosa”, Cali’s Favorite New Restaurant and Shopping District. Zona Rosa is popular and very busy on Friday and Saturday Nights. New Restaurants and Shops are opening almost daily in Zona Rosa Cali.

Property: Features – Amenities – Highlights
Free use of Mobile Phones for Guests (Guests purchase pre-paid cards for minutes)
Located in Entertainment & Restaurant District
Located within walking distance of almost everything Cali Plaza Hotel guest may need while staying in Cali.
Free WiFi Hotspot - Free Wireless High Speed Internet
Sidewalk Restaurant, Café & Bar
Terrace/Patio
Telephones
Mountain View
Parking Garage
Well Furnished Apartments and Rooms
Cable TV
Appliances
Air Conditioning
24 Hour Security
Refrigerators
Electric Ovens
Laundry Room
Balconies