Enjoy Breathtaking View of Taal with a Healthy Profitable HotelListing: #AL00021
About this Business for sale in TagaytayEnjoy Breathtaking View of Taal with a Healthy Profitable Hotel
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.
Hurry! Act now and contact Lani Davies and Jed Arboleda today to inquire and own this business!
Lani Davies | Business Broker
Smart Mob: +63 998 984 3324
Jed Arboleda | Business Broker
Globe Mob: +63 926 649 0441
***Strict confidentiality applies***. To this end, further details of this business will only be disclosed following a personal meeting with the broker and a completion of a Confidentiality Agreement. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared.
Due to the confidentiality of this business a stock photo image may be used to represent the business and the actual location has been withheld. Please contact the broker for further details.
+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.