The best time to own the new Cebu Branch of this popular boutique hotel!Listing: #OR00461
About this Business for sale in Central VisayasThe best time to own the new Cebu Branch of this popular boutique hotel!
Grab this boutique hostel brand whose winning formula has been replicated in Cebu to cater to a certain market and loyal fans. As Cebu and the Visayas were recently awarded as “The Best Islands in the World for 2020” by Conde Nast in Asia, tourism should make a comeback as non-essential travel is now allowed. Their social media following alone is already about 10,000 subscribers. You can take advantage of their peak season starting December until July with foreign and local clients split almost evenly - with key corporate accounts. Since it opened in July of 2019, monthly revenues hit approximately Php 1,000,000 on their sixth month! The improvements and renovations to make it at par with the standards of its foreign owners cost much much more than what they are asking. It is fully-operational and ready to capture the rebound of the tourism industry.
Highly rated in various booking platforms by both foreign and local guests due to superb customer service which keeps them coming back whether for business, leisure or simply to hang out. Amenities and attractions nearby made it a logical choice for clients on business or leisure, groups of friends or families as they offer various accommodation options.
A nice bar, a new pool and a very inviting atmosphere make it a great place to hang out with friends (with lounge areas making it easy to make new ones). This boutique hotel brand originally made a name for itself in a nearby province where its good food, affordability and ambiance made it a natural magnet for travellers.
However, the owners have decided to focus on their main branch and entrust the Cebu branch to someone who can manage it full time.
+63 2 7900 8000
+63 917 837 7239
*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.