About this Business for Sale
Profitable Hotel, University Belt Manila
When industry experts harked the downturn of hospitality businesses, they missed the marked with the Profitable Pandemic-Proof Hotel.
This Profitable hotel offers a good rate to stay for people who will take CPA, Nursing, Marine, Law board exams, and parents visiting their children. To name a few top schools in the Philippines near the hotel are FEU, UST, UE, and many more. The land, building and business package could be managed locally, or abroad. They have 5 existing employees.
This presents a golden opportunity to own a real estate with business in the heart of University Belt. Selling at ₱ 200,000,000 (+ any applicable taxes) negotiable, the entry price investment level provides existing cash flow and immediate upside for a dedicated owner, operator.
This 25-room hotel defies all logic and continues to enjoy great occupancy rates (and profitability) even after the quarantine was in place.
In this particular area where properties mostly cater to students, the young entrepreneur who established this hotel property saw a niche and implemented his vision of a working man's hotel in a sea of dormitories. His hotel caters to the parents of the students who live in dormitories in the area, board exam takers, and marine professionals who need quarantine before and after disembarkation.
Each floor of this hotel works and generates income, including the rooftop. The ground floor is a spa, the 2F up to 6F are hotel rooms. Finally, the hotel leases out a portion of the rooftop to a telco for a fixed monthly income. In addition, the owner installed solar panels on the rest of the rooftop to save on electricity.
Currently, the hotel's exclusive marketing partner is a well-known multinational hospitality brand, and they use the online tools of the partner. During due diligence, it will be easy to show proof for the occupancy and earnings.
Up for sale are both the real estate and the businesses of the hotel. This property is probably one of the best performing pieces of real estate in Manila.
BENEFITS OF OWNING THIS BUSINESS
Profitable business
Constant increase of the property value per year due to its location
Monthly sales during pandemic period ranges to 500,000 to 1,000,000+
Prime location (University Belt)
Big income potential
Your Details
Confidentiality Agreement for Business OR00613
Between LINK and * (Interested Party) this must be an individual's name, NOT a company name
In consideration of LINK (being any or all of LINK Business Broking Phil. Inc. and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me by LINK and specifically Listing ID No OR00498. I/We hereby agree and undertake as follows:
To treat as totally confidential the identity of the business(es) disclosed to me and any details as to its operation or financial accounts;
I acknowledge that the financial records, customer and supplier details and other information relating to the business to be disclosed to me shall at all times remain the sole and exclusive property of the Vendor and that such information is of competitive value and of a confidential nature and that loss or damage would be sustained by the Vendor if such information should be used or divulged by me for any purpose other than the evaluation of the purchase of the business or should it become into the possession of an unauthorised third party.
Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Vendor or by LINK;
Not to make an approach to the Vendor of any business disclosed to me by LINK, or the business' staff, customers or suppliers without prior arrangement with LINK and to refer all queries through LINK;
We acknowledge that LINK is the introducing agent, and that all offers and deposits for the business, shares or property will be conducted through that office.
If, I as a potential buyer breach clause 4 of this agreement and buy directly or indirectly this business from the Vendor of the business quoted then I the buyer will be responsible for any loss of commission due to LINK Business Broking Phil. Inc. as the case may be;
If, I as a potential buyer breach clause 1, 2 or 3 of this agreement I undertake to indemnify LINK against any actions, proceedings, costs, claims, demands or liabilities which you may suffer in consequence of that breach.
That all information is received for no other purpose than the evaluation of the investment potential of the business;
If I decide not to proceed with the investment, I agree to immediately return to LINK all written information supplied by it and retain no copies and to delete any electronic records including all emails and attachments relating to the business(es);
Acceptance by Electronic Mail: Execution of this Agreement and transmission between the parties by electronic signature and each email response to the other or their representative will constitute offer and acceptance, and satisfy the requirements of the Electronic Commerce Act of 2000.
Before proceeding with this Confidentiality Agreement, it is recommended that any prospective purchaser
seeks legal advice.
may or may need to seek technical or other advice and information.
Yes, I would like to receive emails about other businesses similar to this one, and updates on pricing or changes to this opportunity
* By checking this box, I hereby agree to the terms and conditions contained herein. I agree to abide by the confidentiality of any information shared with me