Summary
- Asking price:
-
$1m-5m
- Sales revenue:
- $1m < 5m
- Net profit:
- $500k < 2.5m
- Years established:
- 18
- Employees:
- 30FT / 20PT
Business description
This Hotel is a one of a kind business and truely an Oasis in the heart of Manila.
Property information
- Real Estate:
- Lease
- Lease terms:
- 25 year lease
- Living accommodation:
- There is a beautiful 150sqm penthouse apartment for owner/management.
- Location:
- Centrally located.Walking distance to Manilas premium entertainment area. 5 minutes from US embassy, china town, intramuros, ferry terminals, Manila business district etc. 20 mins to Makati CBD, Airport, world trade center. within 1 hour of 30+ golf courses.
Other information
- Competition / Market:
- This business has established its own unique market.
- Support & training:
- The owner is willing to assist in management for a period of six months and is prepared to negotiate retaining a minority share.
- Reasons for selling:
- Too busy with other businesses / time to mve on.
- Trading hours:
- 24/365
- Financing available:
- Yes TBN.
- Furniture / Fixtures value:
- $600,000
- Inventory / Stock value:
- $50,000