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Bed & Breakfast for Sale in Puerto Galera, Philippines

Tourist resort in Puerto Galera with 3 apartments on leasehold land is for sale.

Established 30-40 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 11.4 thousand
Run Rate Sales USD 12.6 thousand
EBITDA Margin 22 %
Industries Bed & Breakfasts
Locations  Puerto Galera
Local Time 9:28 AM Europe / Copenhagen
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 19.2 thousand (Native Currency: PHP 1,100,000)
Reason: Selling due to the owner's separation/divorce.
Includes physical assets worth USD 19.2 thousand
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Business Name
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Business Overview
- Located in Small Tabinay, Puerto Galera, this bed and breakfast operates on leasehold land, providing an ideal setting for tourists seeking an affordable getaway.
- The business comprises three well-equipped guest apartments that cater to overnight stays, making them perfect for travellers exploring the beauty of Puerto Galera.
- Essential utilities, including water, electricity, and internet, are already in place, ensuring a comfortable experience for guests.
- The property boasts a generator, enhancing guest satisfaction during power outages and ensuring uninterrupted services.
- The business includes necessary permits and licenses, streamlining operations and compliance with local regulations.
- Established in 1987, this bed and breakfast has a long-standing reputation in the region, attracting tourists year-round and generating consistent income.
- Target customers primarily include tourists and vacationers looking for a cozy, convenient place to stay while enjoying the attractions of Puerto Galera.
Products & Services Overview
Tourist accommodation with 3 apartments; services include utilities and permits for guests; target guests are tourists staying overnight.
Assets Overview
Tangible assets include infrastructure, furniture, and interiors.
Facilities Overview
295 sqm built-up area on 300 sqm leasehold land; includes 3 apartments; utilities include water, electricity, internet; facilities include a generator; staffed by one couple; lease transferable with approx. 25 years remaining.
Capitalization Overview
No outstanding loans or liabilities; owned by the current couple; leasehold property.
2 partners who were husband and wife.
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3 Buyers viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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