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Office Space Seeking Loan in Manila, Philippines

Co-working space mainly targeting students to study having 150 seating capacity is seeking investors.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Office Space
Locations  Manila
Local Time 6:23 PM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 53 thousand for 16.0% annual interest, 2 years (Native Currency: PHP 3,000,000)
Reason: Seeking funds for remodeling cost of the building and to hire employees.
Collateral Available: USD 0
Includes physical assets worth USD 44 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Doc 1
Doc 2
Business Overview

- We provide a dedicated place wherein customers may productively perform their tasks, both academically and professionally, in a conducive environment and assure quality service to each one of them.

- Our location is surrounded by dormitories and is a few minutes walk away from UST (University of Santo Tomas) hence our main target are students.

- The facility has 150 seating capacity.

- Rentals are based on hourly, daily, weekly & monthly basis.

- We are expecting PHP 1 million per month of revenues and around PHP 600k-700k of profit net of everything.

- We also offer unlimited drinks, snacks & free internet connections.

- Physical assets includes interiors and furniture.

Products & Services Overview

Free internet access, beverages, snacks, normal desk, solo desk, focus desk, board room.

Facilities Overview

Our facility is 2 floors with 150 sqm each, a total of 300 sqm, and a rent of PHP 176,500 (inclusive of tax).

Capitalization Overview
Not Disclosed
Recent Activity
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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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