Profitable Hotel for Sale in Oslob, Philippines
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 90 thousand|
|Run Rate Sales||USD 130 thousand|
|EBITDA Margin||40 %|
|Local Time||10:50 AM Asia / Manila|
|Listed By||Business Owner / Director|
- The hotel is established at a premium semi-commercial location which is in the center of the town and along the beach.
- Before the pandemic, our occupancy rate was 80%-90%. Currently, the rate is 40%-50% and growing.
- As the economy is re-opening our sales have increased due to a boom in tourism.
- We are a Traveller Review awardee from a reputed hotel booking website.
- There are no good accommodation places near our location and since we are located near the government facilities there is untapped potential and high growth opportunities.
- Currently, we do not have our own restaurant but serve complimentary breakfast to our guests.
- This is a sole proprietorship with no outstanding liabilities.
We are a hotel and provide accommodation, room service, tour packages and host various events such as seminars & workshops.
Physical assets include land and building with an area of 10,000 sq ft, hotel furniture, and interiors.
Our facility is a 4-storey concrete building with 30 rooms on freehold land which is owned by the business.