Serviced Apartment Seeking Loan in Maramag, Philippines
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 54 thousand |
Run Rate Sales | USD 32 thousand |
EBITDA Margin | 20 % |
Industries | Serviced Apartments + 1 more |
Locations | Maramag |
Local Time | 11:35 AM Asia / Manila |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We source the products from the franchisor, the franchise agreement is open-ended, and we do not pay any royalty but purchase the products from them.
- On average, we receive more than 100 customers on a daily basis. Most of them are students and can be increased to 200 to 300 customers per day in the future.
- We also have a boarding house with currently 50 occupants. It is profitable since the place is very accessible to students.
- We are planning to open a pharmacy in the area as well.
- Business is run by a sole owner and the promoter has more than 5 years of experience in this business.
- Business does not have any loans.
- The revenue has dropped as we just started admission for the boarding house students this month.
- 80% of the revenue is generated through the food center and 20% comes from the boarding house.