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Rented Commercial Property for Sale in Iloilo City, Philippines

Iloilo City foodpark with 2-storey building and 9 kiosks, valued from 4.5M to 3M, urgent sale.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 27 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 40 %
Industries Fast Food Restaurants + 1 more
Locations  Iloilo City
Local Time 9:37 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 54 thousand (Native Currency: PHP 3,000,000)
Reason: Owner wants to retire early.
Includes physical assets worth USD 54 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Food park with 9 kiosks offering diverse food options including coffee, beverages, fast food, and desserts.
- Prime location in the heart of the city, near schools and hotels, ensuring a steady flow of customers.
- All 9 kiosks are fully occupied, generating PHP 10k monthly each in rental income.
- Main building available for rent at PHP 50k monthly, with potential for increased rental rates in the future.
- Main building comprises 2 floors, housing the 9 kiosks and a printing press.
- Average daily foot traffic of 300 customers, providing ample opportunities for sales and business growth.
Products & Services Overview
Business full sale includes building & furniture: Food park with 9 kiosks offering diverse food options including coffee, beverages, fast food, and desserts.
Assets Overview
The assets include land and building of 500 sq m, furniture and fixtures.
The existing lease agreements will also be transferred.
Facilities Overview
The food park is on a well known street in Iloilo City.
Sq m area of 500.
Building is included in the full sale of business.
Capitalization Overview
Sole owner.
Sole Proprietor.
100% belongs to seller.
Self funded operations.
No existing loans or debts.
Available for sale anytime.
Recent Activity
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1 Buyer contacted this Business this month. 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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