Hotel, Bar, & Restaurant For Sale

www.GlobalBX.com

Listing ID: 700149010

Listing Title: Hotel, Bar, & Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=149010

Industry: Hotels and Holiday Accommodation

Industry Segment: Hotels

Country: Philippines

State / Province:

Area

City: Subic Bay

Asking Price Range: < $250K

Gross Revenues: $1,000,000

Cash Flow: $1,000,000

Cash Flow Type: EBITDA

Year Established: 2006

Number of Employees: 35 - 49

Business Description:
The 180 degree ocean view property is located in THE DIRECT CENTER of Subic Bay, in Barrio Barretto, Olongapo on a roughly 900sqm property, fronting National Highway, directly across the street from the beach with 15 well appointed hotel rooms, a two room apt, a coffee shop with seating for 40 people, a lounge style bar with seating for 70 and then a roof top outdoor ocean view bar and grill area with sound stage, and able to handle events up to 200 people. There is room for a pool and grotto with patio garden setting and there is parking for 10 cars. The Property is clear title Property is for sale as well but Business for sale alone asking price of 10 Million with long term lease.



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