Newly Established Resort for Sale in Cebu City, Philippines
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | C Corporation |
Reported Sales | INR 40 - 50 lakh |
Run Rate Sales | INR 3.6 crore |
EBITDA Margin | 10 % |
Industries | Resorts |
Locations | Cebu City |
Local Time | 4:11 PM Asia / Manila |
Listed By | Business Owner / Director |
Status | Moderately Active |
- It is an established venue with a strong reputation for hosting events, making it a sought-after location for various occasions.
- The resort sits on a 10,000 sq. meter property in a prime location, offering ample parking space and a range of amenities, including a restaurant, bar, swimming pool, jacuzzi, spa area, outdoor gym, reception, owner's house, staff area, and house cave.
- A new airport will be operational nearby next year, which is expected to increase the resort's value by 5-10%.
- The resort's restaurant and bar are considered among the best places on the island, further enhancing its appeal to guests.
- The current pricing for accommodation is 110 USD per night for the standard villa and 150 USD per night for the premium villa.
- The business is entirely debt-free and does not have any outstanding loans.