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Charming San Remigio Beach Hotel For Sale

Cebu City, Cebu
Asking Price:
$824,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (USD)
Cash Flow:
$100K - $250K (USD)

San Remigio, Province of Cebu, BEACH HOTEL on 6000 sqm beach property with 21 Hotel Suites and 6 Beach Bungalows

THE SALE IS COMPRISED OF:

6000 sqm land area, 80 meter white sand beach, 27 accommodation rooms in 3-story building and 6 free standing Bungalows on the Beach.
Restaurant, bar, kitchen, office, pool, etc on 4000 sqm land area can be leased or purchased in addition.

This Tourist Zoned property is a scenic 112 km drive from Mactan International Airport situated in San Remigio, Cebu, Philippines. With car it is a pleasant journey that takes 2 hours and 15 minutes.

REVENUE: The revenue is from room guests, F&B, sports & boating

MANAGEMENT & STAFF: staff willing to remain, more staff will be required. Management/Owner will assist for 3 - 12 month.

Price were significantly lowered this year!! Some repairs and upgrades have been done and more is in process.

For more pictures and information please complete the contact seller form below.

Property information

Real Estate:

Real Property Included

Living Accommodation:

Hotel has 2 Penthouses at the third floor that is suitable for live-in accommodation for owner or managers.

Location:

From Cebu city or Mactan Int'l Airport it's a 2 hour and 15 minutes nice scenic drive along the East coast of Cebu. In Bogo turn left, 10 km to San Remigio, left again for 3 km, right at the sign and 1 km on smaller road to Golf Club gate, 2 km through the golf course to the Beach Hotel.

Premises Details:

The property is situated on the shoreline with a beach

Planning Consent:

Environmental Compliance Certificate, general building permissions, occupancy permits and all other permits are in place

Business Operation

Expansion Potential:

Several parcels of land beside the property are for sale by the Owner for future expansions.

Competition / Market:

In the area there are a few resorts and 2 golf clubs.

Reasons for selling:

Moved to Australia

Trading hours:

24/7 operation

Employees:
10
Years established:
18

Other Information

Support & training:

6-24 month support, Cebu sales office, handover of clients

Furniture / Fixtures value:
$300,000 (USD) - included in the asking price
Inventory / Stock value:
$10,000 (USD) - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.

Contact Information

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