Funkytown

Asking Price: 7,500 $ US Real Estate: Lease
Sales Revenue: 1,200 $ US Location: Not Disclosed
Net Profit: 1,000 $ US City: Utila
Year Established: 1999 State/Province: Departamento de Islas de la Bahia
Employees: Not Disclosed Country: Honduras
# of family members employed: Not Disclosed

Business types:

Retail

Business categories:

Book Stores ; Video Rental

Business description

Make your dream come true…. You love books? You love music? You always wanted to live on a Caribbean island? - then Funkytown is the right business opportunity for you. Funkytown is on Utila – but where is Utila? Utila is a charming Caribbean island 45 minutes by boat from mainland Honduras (La Ceiba). Our island is just 11 km long and 4 km at its widest and surrounded by vast coral reefs with prolific undersea life. The smallest of the major islands in The Bay Islands group, we are renowned as being one of the least expensive and most beautiful places in the world for a scuba diving vacation. In contrast to the mainland, Utila is officially English speaking. What are you going to do? Funkytown is a small business located right on Utila's main street. Funkytown is sharing a salesroom with the local DVD Rental business, resulting in cross- promotional advantages. Our customers are mainly tourists, dive instructors and dive masters as well as ex-pats living on the island. The main business is book sales, rental and exchange. We are proud of our selection of classics, Man-Booker, Orange-, Pen/Faulkner-, Pulitzer Price and Nobel Price winning literature and of course beach literature (but to a smaller amount). Music sales and exchange makes a yet small but growing part of the daily business. This part of the business offers a lot of potential for growth. Island designed T-shirts and some island style clothing (made by a seamstress on the main land) are for sale as well (expansion potential according to your own interest). http://funkytown-utila.squarespace.com/ What do you get for your money? Tangible assets: 850 books (growing number due to exchange part of the business), T-shirts, stamps, huge music database, music station. Intangible assets: Well established order and shipping connection for books from the USA, fantastic and relaxed working ambiance with generally great add-ons (free DVD rental and steady Computer-/Internet access). You get a lease that already includes business license, tax, water and garbage disposal. I am more than happy to provide you with more info about Utila, the business (Inventory list etc.) and answer all your questions.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: retirement
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed

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