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Resort for Sale in Santa Ana, Philippines

For Sale: Resort with 25 guest rooms and 100% occupancy rate throughput the year.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 2 - 5
Legal Entity C Corporation
Reported Sales USD 90 thousand
Run Rate Sales USD 108 thousand
EBITDA Margin 40 %
Industries Resorts
Locations  Santa Ana
Local Time 4:27 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 450 thousand (Native Currency: PHP 25,000,000)
Reason: The owner is retiring. Any reasonable offer will be considered.
Includes physical assets worth USD 450 thousand
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Business Name
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Business Overview
- The occupancy rate is 100% throughout the year due to ongoing lease.
- All guest rooms have hot water and air conditioning and there are a number of gray water soak-away drains and a number of septic tanks.
- The business is registered with the Cagayan Economic Zone Authority and enjoys many tax benefits. The kitchen has just undergone a full refurbishment.
Products & Services Overview
The resort includes 25 guest rooms, three meeting/function/private dining rooms (two with air conditioning), a restaurant area, pool.
Assets Overview
Resort infrastructure, beds, tables, chairs, ACs, TV, etc.
Facilities Overview
The resort includes 25 guest rooms, three meeting/function/private dining rooms (two with air conditioning), a restaurant area, an office, a 30kva generator, a 50m2 pool, a laundry area, and facilities equipment stores. In addition, the resort owns another 2,500m2 of beachfront immediately adjacent to and in front of the main resort with easy access to the water, which is included in the price.
This area comprises 2 boat sheds, a small resto/bar, 3 kudos, and a car parking area, and these are included in the price.
Currently, the whole unit is leased until August next year, with an option for the lessee to extend another year.
Capitalization Overview
- Company has 2 directors with 40% and 40% shareholding, with 4 family members holding 20%
- Business has no debts or any loans.
As a CEZA locator the maximum amount of tax on profit is 5%. Additionally the business is totally exempt from all other taxes including VAT.
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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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