Estimated Value of Assets
March 30th, 2008
Breakdown of Assets
Structure, Built Square Footage: 15,095
Estimated value @ $150.00 per square foot = $2,264,250.00
Developed Land Square Footage: 21,250
Estimated value of the eight combined lots = $320,000.00
Furniture for 24 rooms
Estimated value of 24 rooms @ $750.00 per room = $18,750.00
Bar & Restaurant including Kitchen
Estimated value of inventory and liquor license = $ 85,000.00
Mexican Incorporation
The Beach House SA. de CV. And San Diego Promo
(Incorporation of ownership) = $15,000.00
Charter Boat and Shuttle Van
“ Sweet Melissa” and 15 passenger Van = $39,000.00
Electronic Commerce
Web Site and 15 domain names that drive site
Reservation software and maintenance contract = $10,000.00
Hotel Business
Complete turnkey operation including customer base and contacts $110,000.00
Total Estimated Value $2,862,000.00