10 Year Old Resort For Sale

www.GlobalBX.com

Listing ID: 700214264

Listing Title: 10 Year Old Resort For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=214264

Industry: Hotels and Holiday Accommodation

Industry Segment: Holiday Resorts

Country: Philippines

State / Province:

Area

City: La Union

Asking Price Range: $5.0M - $10.0M

Gross Revenues: $2,000,000

Cash Flow: $500,000

Cash Flow Type: EBITDA

Year Established: 1995

Number of Employees: 35 - 49

Business Description:
We are selling our resort, Puerto de San Juan, in La Union, Philippines. It is a 2.0 hectare beach-front property located in the very popular surfing area that has been consistently attracting foreign and local tourists in the past few years. It is composed of the following structures or improvements: a. hotel building (with a total of 24 single, twin-occupancy and family rooms) b. six cottages (at 2 rooms per) c. seven cabanas (at 2 rooms per) d. six cabins (at 2 rooms per) e. two full-size restaurants (100-150 capacity per) f. one recreational hall (with billiard tables and karaoke) g. one water theme park h. private mini-chapel. It has been in operations since the mid-90s and has built a steadily-growing clientele over the years. With the Philippines now considered a tiger economy, the country is now experiencing a steady increase in tourist arrivals. Our number is +63 908 867 3373



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