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 Hotel, Bar, & Restaurant For Sale Business For Sale

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Hotel, Bar, & Restaurant For Sale
Location  Philippines
Asking Price Range  $500K - $1.0M
Gross Revenues  $1000000
Net Profit / Cash Flow  $1000000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  2006
Number of Employees  35 - 49
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned
Description  The hotel, bar and restaurant is located in the direct center of Subic Bay, in Barrio Barretto, Olongapo on a roughly 785 sqm property, fronting national highway, directly across the street from the beach. The hotel has 15 well appointed hotel rooms, a two room apt, a coffee shop with seating for 30 people. The bar is a lounge style bar with seating for 70 and then the roof top outdoor ocean view bar and grill area with sound stage, is able to handle events and crowds up to 200+. There is room for a pool and grotto with garden setting and there is parking for 10+ cars. The property is clear titled. 35 million pesos. Contact for more information on this hotel, bar, & restaurant for sale.
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