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Businesses For Sale   >>   Philippines Businesses For Sale

Non-Operating 13 Bedroom Hotel 4 Sale Rush Sale

Location  Philippines
Asking Price Range  < $250K
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2005
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Reason for Sale  Owner passed away.

Description  
This Hotel for sale has, 13 Bedrooms for guests Each room with A/c, TV, Imported mattress's from Australia, each with Toilet and hot water showers. Also 3 Bedrooms and 1 wash room and a Kitchen in the Owners Accommodation section. Its 2 story, With a Restaurant In the hotel with a large kitchen complete with Gas stoves, deep fryer, Fridges, Deep freezers, All kitchen utensils and cutlery, The Restaurant Has tables n chairs, Theres a stock room with a deep freezer, there's a separate set of stairs that heads up to the terrace bar area, complete with bar, stools, tables and chairs also with lounges. 4 Public toilets around the place. The place is fully furnished including furniture in all rooms, 10 Fire extinguishers, Computers, printers and much more miscellaneous things. Very little fixing needs to be done, a lot of potential to be built more, extended or renovated to how you would want it, it doesn't even have to be a hotel!. The choice is yours. 80% of Building is Re in forced concrete, very strong solid building, recently renovated and built. Previous Owner (my father) Was selling for 20M but has now passed away, now asking for 16m Still Negotiable. Just give a offer. This is the Land (354sqm), Building(2story), Furniture and everything in the hotel for sale. The Place Hasn't actually been run properly yet, its waiting for somebody to do that. It is actually registered as a business and has all permits and regs but they just need to be renewed. The place is Located as 6434 Batangas st Yappark. Balibago/Dau Angeles City Pampanga Philippines. Its about a 10min walk to Fields ave (the night life) and about 2-mins commuting there, its just seconds off the highway so its in a reasonably good spot. Next to the the Hotel/Resort 'Woodland Resort'. For Any more Information or if you are Interested, email or call me On 09286575152.


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