Resort for Sale in Cabanatuan City, Philippines
Opportunity to acquire a non-operational resort in Cabanatuan City, with 30 rooms and 40 beds.
| Established | 50-60 year(s) |
| Employees | < 2 |
| Legal Entity | C Corporation |
| Reported Sales | USD 65 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Cabanatuan City |
| Local Time | 9:46 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
660 thousand
(Native Currency: PHP 37,000,000)
Reason: The owners want to dispose the property off since they do not wan to invest further and start the bu...
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Includes physical assets worth
USD
660 thousand
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Business Name
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Business Overview
- This is a non-operational resort property with owned land, buildings, and furniture.
- Property spans across 1,900 sq m, with a market value of approximately 28.5 million pesos.
- The resort features 30 rooms and 40 beds, along with a coffee shop, a pool, and a party hall that can be used for meetings and occasions.
- The resort has been non-operational since the onset of the pandemic, which led to a downfall in business and hence there is no run rate sales.
- However, it used to generate around 300,000 pesos per month when it was operational.
- Furniture and interiors are in a non-usable condition, requiring significant renovation and investment to bring the property back to an operational state.
- Property is being offered for sale at a discounted price due to the high initial investment required to restore it to an operating condition.
- This presents an opportunity for investors to acquire the property at a reduced cost and capitalize on the potential market value post renovation.
- The property needs substantial renovation, including refurbishment of the interiors.
- Property spans across 1,900 sq m, with a market value of approximately 28.5 million pesos.
- The resort features 30 rooms and 40 beds, along with a coffee shop, a pool, and a party hall that can be used for meetings and occasions.
- The resort has been non-operational since the onset of the pandemic, which led to a downfall in business and hence there is no run rate sales.
- However, it used to generate around 300,000 pesos per month when it was operational.
- Furniture and interiors are in a non-usable condition, requiring significant renovation and investment to bring the property back to an operational state.
- Property is being offered for sale at a discounted price due to the high initial investment required to restore it to an operating condition.
- This presents an opportunity for investors to acquire the property at a reduced cost and capitalize on the potential market value post renovation.
- The property needs substantial renovation, including refurbishment of the interiors.
Products & Services Overview
- The resort's top-selling services included room accommodations, a coffee shop, a pool, and a party hall for meetings and occasions.- These services were primarily utilized by locals in Cabanatuan City seeking relaxation and stay options.
Assets Overview
The assets include land of 1,900 sq m valued at 15,000 pesos per sq m as well as buildings along with the interiors an furniture worth 20 million pesos.
Facilities Overview
The resort has a total of 5 buildings with an average of 2 floors each.Each building is approximately 1,000 sq m each along with a Garden of around 200 - 300 sq m.
Capitalization Overview
This business is family-owned with a total of 6 owners with no particular equity split among them.There are no debts and liabilities as a part of the business.
Recent Activity
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