Time to Move On
The Atlantic Hideaway is for sale. Purchased and completely renovated in 2016-17, the Atlantic Hideaway is the only family-owned hotel/motel within Downtown Delray Beach. Fully licensed and highly rated on all major online platforms and review sites, the business presents a unique opportunity to own, operate and benefit from a thriving and relatively self-managing business in one of the best travel markets in the United States. The real estate alone, situated on a third of an acre of prime high visibility and foot-traffic location within a world-famous - and still developing - downtown precinct, is as close to a guaranteed real-estate investment as one might find.
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The owner, a serial entrepreneur and licensed attorney actively practicing immigration and corporate law, has lovingly restored the property, parts of it dating from 1948, and built a profitable business within it. In addition, the business has been designed to operate with limited owner input, while following a philosophy and vision that has resulted in a unique product with a stellar reputation within the locale, second to none within the target market. At this point however, with an ongoing increase in his other business ventures, combined with increasing personal and business travel, there is a recognition that sustained excellence in any business requires a dedicated focus that a new owner may be better positioned to provide. This, therefore, provides an opportunity for a new owner to take on and further develop an already highly successful business, underpinned by prime real estate.
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Significant interest is expected, and consideration will be given to offers in excess of $4.25 million. More information and pro forma financial statements are available to interested and qualified parties upon receipt of a fully executed non-disclosure agreement and proof of funds. Any interested party is also strongly advised to avail themselves of publicly available information to review how the Atlantic Hideaway is situated in the local market, our strength of brand and product, land value, as well development history and ongoing plans of downtown Delray Beach. Starting points might include the Expedia family of websites, TripAdvisor, Google reviews, tourism numbers and projections for the State of Florida, Palm Beach County, and the Delray Beach Downtown Development Authority.
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IMPORTANT: Do not disturb the hotel staff or guests. Detailed property showings, by the owner, can and will be arranged to minimize impact on the day-to-day operations of what is a busy and ongoing business operation. Disruption to those operations will not be appreciated, and individuals wandering on private property without prior permission will be trespassing.
For Questions or More Information
Please complete this form to receive a nondisclosure agreement for electronic signatureand a reciprocal NDA concerning required proof of funds.