info@capitalbbw.com (954) 596-8060

MORE INFOMATION
Capital Business Solutions

Established In-Room Hotel Book
for sale in FL

Find a Business Opportunity

    Categories

Listing Number: 3614

Summary

This in-room hotel concierge book is printed once per year and is distributed into approximately 5200 hotel rooms throughout one of Florida's top tourist destinations, entertaining 7.2 million visitors per year. The book is hard-bound, full color and has been established and published in the area for over twenty years. There is virtually no competition for this product. Relationships with the various resorts and hotel properties are in-place. This business can be run as a one-man operation, or with a semi-absentee owner to oversee a sales staff, graphic designer and distribution. A fun business with it's heart in the Florida tourism industry. Full details are available upon receipt of a signed Non-Disclosure agreement. Listing broker is also the owner of the business opportunity.

Listing Broker


Ken Yarbrough

Ken Yarbrough
Broker Associate

Phone: 9042938181
Email: KYarbrough@capitalbbw.com


  • Category: Publishing
  • Sub-Category:
  • Asking Price: $49,000
  • Gross Sales: $79,000
  • Cash Flow: $36,000
  • County: St. Johns
  • Area: St. Augustine - St. Johns County
  • FFE: $500
  • Inventory: $0
  • Real Estate: $0
  • Employees: 1 - Full-Time 1 - Part-Time
  • Facilities:
  • Relocatable? Yes
  • Home Based? No
  • Market Notes: St. Augustine entertained 6,301,000 visitors in 2017, 82% of those came for vacation or leisure. 43% came from farther than 500 miles away. 63% stayed one or more nights in hotels or B&Bs. The average stay was 2.6 nights. $559, 000,000 was spent on restaurants and drinking establishments and $393,500,000 was spent on accommodations. The largest group, 26%, of visitors had household incomes of between $75,000 and $100,000. The next largest group, 24%, had incomes of between $50,000 and $75,000. 7% had incomes in excess of $200,000 or more. 92% of St. Augustine visitors dined in local restaurants.
  • Growth Notes: The latest tourism numbers show that St. Johns County entertained 7.2 million visitors in 2018. While tourism numbers have steadily increased since 1998, so have residential numbers. St. Johns County total population stands at 254,261 with six distinct population centers, St. Augustine, St. Augustine Beach, Vilano Beach, Ponte Vedra St. Johns/World Golf Village and Nocatee. Median age in the county is 43, median property value is $274,600 and county-wide median HH income is $73,640. St. Augustine is seen as the entertainment and cultural hub of the county and is recognized world-wide as the oldest, continually occupied European settlement in North America. Population of St. Johns County has grown 34 percent since 2010. Indications are the county will continue rank among the top-growing counties for years to come. There are tens of thousands of new homes approved that have not been built. And more residential developments are approved almost every month. The latest study from the University of Florida’s Population Program says that with moderate growth, this county could have 329,500 residents by 2030. It says with extreme growth, the population could be as high as 365,400 in 2030.
  • Support Training: yes
  • Year Established: 20
  • Financing Terms: na
  • Reason for Selling: retirement
  • Inventory Included: Yes
  • Is Franchise No
  • Lender Prequalified No
  • Absentee Owner Yes
  • Selling Financing? No
  • Is FEE Included? No