Resort Seeking Loan in Malay, Philippines
Non-operational resort in Boracay with 12 suites and 4 luxury villas seeking investment for renovations.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | S Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Malay |
| Local Time | 7:24 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
230 thousand
for
10.0%
annual interest,
3
years
(Native Currency: PHP 13,000,000)
Reason: To finish the renovation of our luxury bed & breakfast and start operating. We are looking for a sma...
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Collateral Available: USD 230 thousand
Includes physical assets worth
USD
530 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Concept
(11.6 MB)
Certificate of Incorporation
(211.0 KB)
Business Overview
- We are a startup resort located in Boracay island, Philippines.
- The business has yet to start operations.
- The resort will comprise 12 luxury suites and 4 luxury villas.
- The villas and suites have been constructed and only the renovations are left.
- Resort can accommodate 50-60 people.
- Property offers a spectacular view of the beaches.
- Other amenities on the property include roof deck sunset bar, lap pool & watersports facilities.
- We can partially start operations in a few months.
- The promoter has just entered the hospitality industry and has 20 years of experience in the education industry.
- Business has the registration document. Additional licenses will be acquired by the business.
- The business has yet to start operations.
- The resort will comprise 12 luxury suites and 4 luxury villas.
- The villas and suites have been constructed and only the renovations are left.
- Resort can accommodate 50-60 people.
- Property offers a spectacular view of the beaches.
- Other amenities on the property include roof deck sunset bar, lap pool & watersports facilities.
- We can partially start operations in a few months.
- The promoter has just entered the hospitality industry and has 20 years of experience in the education industry.
- Business has the registration document. Additional licenses will be acquired by the business.
Products & Services Overview
Luxury beachside suites strategically located in the midst of an idyllic cove with direct access to Boracay island's main beach.
Assets Overview
Building renovation, hotel furniture & fixtures, watersports equipment.
Facilities Overview
Rare exceptional property in Boracay, 1,400 square meters with a 40-meter beachfront, 15-year lease renewable for 5 years.Currently renovating existing 2-storey structure with a roof deck for 12 suites, building footprint <300 square meters.
The rest of the property is still undeveloped & earmarked for exclusive villas, a lap pool, and water sports facilities. The property is located in the tourist capital area.
Capitalization Overview
- The business has a single owner & founder.- Personal funds were used to start up the project.
- The owner is about to take on a long-term mortgage to partially finish the renovation of B&B to make it operational for Q4.
Recent Activity
-
Earlier than 15 daysPresident & CEO, CFO Consulting And M&A Advisory, Manila, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysPresident, Bacolod, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysSecurity Engineer, Other, Manila, Individual Investor / Buyer connected with the Business
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