Hotel/Inn with a Breathtaking View of Taal LakeListing: #AL00021
About this Business for sale in TagaytayHotel/Inn with a Breathtaking View of Taal Lake
The Hotel-Inn was established in 1989. It has a breathtaking view of the famous Taal Lake.
Inns have 22 rooms and conveniently located along a highway accessible to establishment such as supermarkets, restaurants and local shops. Enjoy the cool weather like Baguio at the center of Tagaytay. Great for staycation for couples, families and friends.
The front, facing the road is used as parking slots for guests. The back has the spectacular view of the famous Taal Lake. There is no lobby as in modern inns; but the innkeeper answers the door for each visitor.
The Inn has a total lot area of 1,331 sq.m. It was being leased for ₱150,000.00/month which can be terminated once an interested buyer steps up.
For future plans, the buyers and/or investors have an option to build a low-rise or high rise Hotel on the premises to generate more income.
Previously, the hotel-inn has a monthly income of ₱700,000.00 up to ₱1,000,000.00
Profits will enable investor to recoup the capital investment in approximately 12 years based on room revenues or marketing strategies. However, real estate will continue to appreciate, and therefore the property value is likely to increase over time making the purchase a very sound investment.
+63 917 854 5465
+63 998 984 3324
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.