Reputable HOTEL Franchise For Sale in Panama

Panama City

Asking Price:

$8,000,000

Real Estate:	$8,000,000

Listing ID: 2279455Listing provided by BizBuySell

BUSINESS DESCRIPTION

This popular hotel is in the very heart of Panama City, a stroll away from the cultural Iglesia del Carmen Monument. It features a rooftop terrace, outdoor pool and a fitness center. Public transportation is just a short walk: Iglesia del Carmen Station is 7 minutes and Vía Argentina is 10 minutes. This is a Turn-Key operation with an experienced team in place. Seller willing to Train and Ensure a Smooth Transition. This offering is confidential and a signed NDA that I can provide is required to receive more information.

Perks include:
• An outdoor pool
• Free self-parking
• Continental breakfast, an area shuttle, and express check-out
• Meeting rooms, a 24-hour front desk, and local meal delivery service

Room features
• All 60 rooms feature comforts such as air conditioning
• Free WiFi and room service.

Extra amenities include:
• Bathrooms with showers and free toiletries
• Wardrobes/closets, refrigerators, and microwaves

What's nearby:
• Via Espana - 5 min walk
• Avenida Balboa - 18 min walk
• Cinta Costera - 4 min drive
• Multiplaza Pacific Mall - 4 min drive
• Albrook Shopping Mall - 4 min drive

DETAILED INFORMATION

Location

Panama City

Inventory

Included in asking price

Real Estate

Owned

Included in asking price

Competition

The hotel market in Panama is currently experiencing significant competition, driven by several key factors. The ongoing economic recovery and growth in tourism have fueled demand, making Panama an attractive destination for hotel investments. The expansion of the Panama Canal and improvements in infrastructure have further boosted the country's appeal, particularly among international visitors.

Growth & Expansion

Hotels in Panama can grow and expand in several key ways, capitalizing on market trends and opportunities: - Focus on Smart Hospitality Technologies - Target Luxury and Boutique Markets - Capitalize on International Tourism

Support & Training

Seller is willing to train for 1 month and Ensure a Smooth Transition

Reason for Selling

Owner is retiring. He's currently selling 2 hotels in the same city and I can pr

Franchise

This business is an established franchise

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