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Newly Established Resort for Sale in Morong, Philippines

Acquire a newly-established private resort with premium amenities and high occupancy in a prime location.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales USD 105 thousand
EBITDA Margin 40 %
Industries Resorts
Locations  Morong
Local Time 11:29 PM Asia / Manila
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 870 thousand (Native Currency: PHP 50,000,000)
Reason: The promoter follows a build-and-sell strategy.
Includes physical assets worth USD 870 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Nestled in the scenic locale of Morong, Bataan, this private resort spans a robust 600 sqm, offering potential investors an opportunity to own a slice of coastal paradise.
- The well-maintained property is structured across three floors, featuring three rooms that accommodate six guests each, and an additional room for two guests, achieving a total accommodation capacity of 20-30 guests.
- Capitalize on the resort's exceptional amenities, including two fully furnished kitchens, a conference room, swimming pools, and a basketball court, enhancing its appeal for both tourists and event organizers.
- Charges range from PHP 35,000 to PHP 50,000 per night.
- With high occupancy rates of 100% on weekends and robust demand sustained until May, this resort ensures a consistent revenue stream and evidences its popularity among visitors.
- The facility's charm is heightened by its premium furniture and fixtures, offering a luxurious guest experience complemented by its prime location near the beach.
- Supported by a dedicated team of three employees, including a general manager and two caretakers, the operations are smooth and client-centric, promising an exceptional service standard.
- The sale includes all on-site assets such as furniture, fixtures, and the physical property, presented for investors ready to step into a turnkey resort business with slight room for price negotiation.
- The business is currently operating without approvals but is in the process of obtaining approval from the local government body.
Products & Services Overview
The business's top-selling services include resort accommodations, conference facilities, and a range of recreational amenities for tourists and event gatherings.
Assets Overview
The sale includes tangible assets such as land, infrastructure, furniture, and fixtures.
Facilities Overview
The owned property consists of a three-floor building featuring:
- Three rooms accommodating six guests each.
- One room for two guests.
- A conference room.
- Two kitchens.
- Swimming pool.
- A basketball court.
Property details:
- Land area: 600 sq. m.
- Built-up area: 500 sq. m.
Capitalization Overview
The business, owned by a husband and wife duo along with three minor shareholders, has an outstanding bank loan of PHP 7 million. The loan will be fully cleared upon completion of the sale.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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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