Restful Oasis in the Midst of Bustling Makati
About this business for saleRestful Oasis in the Midst of Bustling Makati
Located in Makati City, the hotel is an easy drive from Ortigas Center and Manila.
The hotel offers free private parking on site. It also provides a concierge, free Wi-Fi and a 24-hour reception. 24-hour security, an ATM/cash machine and luggage storage are just some of the available services at the hotel. It also offers a laundry, dry cleaning and shuttle services.
Rooms are modern and feature a flat-screen TV. They all have a private bathroom, a telephone and wireless internet access. Those staying at the hotel can sit down to a unique dining experience at the on-site restaurant, suitably situated for those who want to stay nearby when looking for a bite to eat. Each evening, guests can enjoy a drink in the lounge bar. Ninoy Aquino International Airport and SM Mall of Asia are around a 20-minute drive while the Makati Commercial Center is just 10 minutes away. It is within a 20-minute stroll of Buendia Railway Station, which allows for trips South of Metro Manila.
Average monthly sales is approximately ₱1.797M with a net income of ₱544 thousand. This is at 50% occupancy. Indicative asking price is ₱238M for the Hotel building, furnishings and equipment.
*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.