Luxury Fiji Resort
South Pacific
Price: $5,900,000
Loan: $0
Equity: $5,900,000
LOCATION: Beqa Island, Fiji South
Pacific
DESCRIPTION: A world class, self-contained island
paradise beach resort operation with tremendous upside at the best location
on a 64 sq. mile island off of Fiji's main island Viti Levu.
Substantially higher income is possible from a variety of profit centers.
Booked to 85% occupancy through year 2002 . This resort is situated on a
12.5 acre beautiful beach site, with approximately 87 years left on a renewable
99 year lease. All that this package needs is for inspired operator.
Seller has spent years putting together this opportunity and now, wants to
move on to other interests and new challenges almost anywhere. Fiji is a
single non-stop flight away by several airlines from Los Angeles. This is
no ordinary project. The thrust of this pleasure resort is diving, big game
fishing and surfing, (some of the best in the world), although people also
just go to get away from it all for unforgettable vacations, (been there,
done that!).
MOTIVATION:Seller has worked on this project
since the late 80's and wants to move on to cash and or a new challenge off-shore,
in South Pacific and Asia. Exchange may be possible if potential exists.
Seller's forte is that of an entrepeneur and not an operator.
CAN ADD: Good financial
statement and extensive business contacts through out the South Pacific.
REMARKS: High motivation
to move on to new challenge that will tax his imagination and make money,
try all ideas. Seller will guarantee up to 70% of scheduled income for up
to one year. Excellent professional management and US rental program in place.
Approximately 24% cap rate
SELLER: Southern Cross
Holdings Ltd., Parent of Offshore Fishing Co. Ltd. A Vanuatu South Pacific
Corporation. You buy the corporation.
CONTACT:
George Jonilonis, SEC
3536 Ashford St.
San Diego, Ca. 92111
(858) 278-4040 FAX (858) 278-7571
CELLULAR (619) 246-4040
e-mail georgej@adnc.com