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New Resort In Panglao
Location: Philippines -> 2450000$
Industry: Hotels and Holiday Accommodation > Holiday Resorts

Business Summary

COMPLETED RESORT with ALREADY TENNANTED COMMERCIAL BUILDING 3KM to FAMOUS ALONA BEACH and only 500 meterTO PANGALO INTERNATIONAL AIRPORT! This is your opportunity to own a BRAND-NEW Resort and Commercial space near Alona BEACH.

- Commercial Building is complete and 90% leased
- Architecturally designed
- 36 beautifully appointed rooms
- Very close to the new International Airport – 800m
- Long lease and terms
- Alona Beach is incredibly popular with year-round income stream
- 2 Complete businesses. You are purchasing the Resort and Commercial Business, this is not a presell as the Commercial Business is complete, running and tenanted. Completion of the adjoining resort and second income stream is March 2020.
- Excellent Location
o 3km to Alona Beach
o 800m to Panglao International Airport
- 1 Apartment style room – 72SQM
- 10 Deluxe rooms – 28SQM
- 4 Deluxe rooms – 25SQM
- 21 Standard rooms – 22SQM
- 200SQM swimming pool – Deep end for dive instruction – (if required)
- All rooms have a balcony
- Deep well and town water supply available
- Restaurant gazebo
- 50KW Generator
- Estimated completion date is March 2021
- New Lease already negotiated with landowner for 25 years on good terms
- Total Land area is 4484SQM


Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $687,000
Cash Flow:   $687,000
Cash Flow Type:  EBITDA
Inventory:  $2,450,000
Seller Financing:  Not Disclosed

About The Business

Year Established:  2016
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  I will leave the country

Print Listing Id: 700370824
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease

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