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 356 thousand |
| Run Rate Sales | USD 530 thousand |
| EBITDA Margin | 17 % |
| Industries | Resorts |
| Locations | Puerto Princesa |
| Local Time | 3:00 PM Asia / Manila |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
890 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 1.78 million
Includes physical assets worth
USD
89 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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.
You might also be interested in these businesses