Newly Established Resort for Sale in Cebu City, Philippines
| Established | 0-1 year(s) |
| Employees | 10 - 50 |
| Legal Entity | C Corporation |
| Reported Sales | USD 50 - 60 thousand |
| Run Rate Sales | USD 410 thousand |
| EBITDA Margin | 10 % |
| Industries | Resorts |
| Locations | Cebu City |
| Local Time | 1:28 AM 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.