Resort Seeking Loan in Puerto Princesa, Philippines
Luxurious resort in Puerto Princesa, offering private villas and scuba diving, seeking funding for expansion.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | C Corporation |
| Reported Sales | USD 340 thousand |
| Run Rate Sales | USD 510 thousand |
| EBITDA Margin | 17 % |
| Industries | Resorts |
| Locations | Puerto Princesa |
| Local Time | 12:14 AM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
850 thousand
for
9.0%
annual interest,
10
years
(Native Currency: PHP 50,000,000)
Reason: Seeking funding to build a 3rd part: lagoon area with 10 more rooms and a swimming pool.
Collateral Available: USD 1.7 million
Includes physical assets worth
USD
85 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Certificate of Incorporation
(1.3 MB)
Mayor Permit
(261.8 KB)
Business Overview
- Resort nestled in the heart of Puerto Princesa, combining Balinese-inspired luxury with warm Filipino hospitality, situated near the city's key attractions and the picturesque Morato Beach.
- Offering a selection of 8 elegantly designed rooms and 6 private villas, each with its own swimming pool, for a tranquil and luxurious getaway experience.
- Features include a single-floor layout with a restaurant, reception, sports area, and a large central swimming pool, creating an oasis for relaxation and recreation.
- Demonstrating strong demand, the resort maintained a 71% occupancy rate last year, with an impressive surge to 98% for the current year, driven by peak seasons from November to May.
- Recorded an annual income of PHP 20 million last year, showcasing the resort's robust financial health and popularity among travelers.
- Receives consistently high ratings with 9/10 on Agoda and 9.2 on Expedia, illustrating guest satisfaction and enhancing brand reputation.
- Offering a selection of 8 elegantly designed rooms and 6 private villas, each with its own swimming pool, for a tranquil and luxurious getaway experience.
- Features include a single-floor layout with a restaurant, reception, sports area, and a large central swimming pool, creating an oasis for relaxation and recreation.
- Demonstrating strong demand, the resort maintained a 71% occupancy rate last year, with an impressive surge to 98% for the current year, driven by peak seasons from November to May.
- Recorded an annual income of PHP 20 million last year, showcasing the resort's robust financial health and popularity among travelers.
- Receives consistently high ratings with 9/10 on Agoda and 9.2 on Expedia, illustrating guest satisfaction and enhancing brand reputation.
Products & Services Overview
Offers a luxurious and tranquil getaway, blending Balinese-inspired design with Filipino hospitality. With 8 elegantly designed rooms surrounding a large central swimming pool and 6 private villas, each featuring its own swimming pool, guests enjoy privacy and comfort. Our amenities include an on-site restaurant, a sports area, and a comprehensive scuba diving activity, catering to both relaxation seekers and adventure enthusiasts. Popular among travelers and maintaining high occupancy rates, our resort attracts tourists looking for a serene yet activity-filled vacation, near the beautiful Morato Beach and key city attractions.
Assets Overview
Physical assets include the property owned - ~ PHP 4 million and the rest is hotel & restaurant equipment and the scuba diving equipment.
Facilities Overview
Own property of 4,000 sqm, located in Puerto Princesa, Palawan.
Capitalization Overview
We are a fully foreign-owned corporation, with equal ownership distributed among five family members, each holding a 20% share.We have an outstanding loan on the property.
Recent Activity
-
Earlier than 15 daysPresident, Business Finance, Manila, Corporate Investor / Buyer connected with the Business
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