
Would You Buy a Dolphin Resort in Mexico?
Acquisitions Anonymous - #1 for business buying, selling and operating
Media Reports and Dolphin Deaths
Michael cites press reports of multiple dolphin deaths preceding the bankruptcy and public scrutiny.
In this episode the hosts dissect a bankruptcy‑sale opportunity involving dolphin‑habitat real estate in the Riviera Maya, Mexico — and explore whether the outsized risk of “ditch‑risk” is worth the potential payoff.
Business Listing – https://www.keen-summit.com/project/bankruptcy-sale-dolphin-aquariums-real-estate/
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This episode focuses on a unique acquisition opportunity: a debtor’s assets in bankruptcy that include three parcels in the Riviera Maya (near Cancun) — one developed property with a ~71,000 ft² dolphin habitat, and two undeveloped commercial‐zoned lots adjacent to a major luxury outlet mall and the Cancun airport. The listing is marketed via the bankruptcy court (in Delaware) on behalf of the debtor Leisure Investment Holdings LLC.
Key Highlights:
- Opportunity: Three parcels in Riviera Maya (Mexico) including a dolphin habitat (~71k ft²) & commercial‐zoned land near major outlet mall & airport.
- Structure: Bankruptcy court‐administered sale; buyer must navigate liens, foreclosure history, foreign title risk.
- Industry risk: “Experience” business with captive dolphins is under regulatory/social pressure; decline in captive marine attractions cited.
- Foreign/operational risk: Real estate in Mexico + tourism zone + previous failing business = high risk of security, regulatory, title issues (“ditch‐risk”).
- Redevelopment potential: If the marine attraction is jettisoned, land could be repositioned for resort, wedding venue, outlet‐adjacent commercial use—but competition and local developer awareness likely high.
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