Profitable Resorts for Partnership or Sale
(Code: CM-9338)
Tagbilaran City, Bohol, Philippines
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FOR PARTNERSHIP OR SALE
Profitable Resorts

Cebu and Bohol’s #1 Convention Centers for Sale
Alta Resorts are more profitable than most resorts
The sales price is deeply discounted from appraised value

Discounted Sales Prices
Selling Alta Cebu Resort for land value only*
• Big discount from Cuervo appraised market value
• The business, brand, training, long term loyal employees, and the all improvements, landscaping (best gardens in Cebu) are all included for free
• 3 highly profitable, diversified businesses

Selling brand new Alta Bohol for 25% below reproduction costs

Better Profits than the Competition
15 Million after tax profits (2018 will finish with 17-18 Million profits)

Greater Opportunity Lies in Being Different
• Alta Resorts are wonderfully unique
• The two Resorts are market leaders in a lucrative niche market
• Less competition, more profit
• More profitable than most beach resorts
• Little direct competition
• Specializing as a convention center venue for large scale functions, Alta Resorts are the dominant lead player
• Mostly repeat business
• Customers come from all the major governmental agencies, who do majority of their functions at Alta resorts, as well as many corporations, large and small

Time Value of Money:
To build Alta Resorts from scratch means many years of sub-par profits
Few if any resorts for sale today combine:
• Steeply discounted price
• Name Brand popularity and recognition
• High profitability
• Fast growing diversified businesses
• The potential for dramatic land appreciation

Opportunities Like This Don’t Come Along Very Often
Alta Bohol
• There is planned Ocean Park near Alta Bohol
• Ocean jet will relocate their port (relocated less than 1 KM from Alta Bohol
• Astoria Resort is allowing other resorts to bring their guests for free to their beautiful beach. For Alta Bohol, it is only ¼ kilometer away
• New construction
• Plenty of land to expand (2.2 hectares)
• Selling for 25% below replacement cost
• Asking price is 180 million (25% below replacement cost)
• New international airport Pangalo
• New city in Albuquerque (Gokongwei)

More photos here.

GENERAL PROPERTY INFORMATION
LOCATION Tagbilaran City, Bohol, Philippines
About Bohol Province | Map of Bohol Province
PROP. TYPE Commercial, Business
PROPERTY INFORMATION A Unique Multi-Purpose Resorts specializing in:
  • Our guests include people from all walks of life. Families, students, backpackers, romantic minded, long stay foreign guests, etc.
  • Large scale events, functions, weddings etc. With long established customers nationwide
  • Corporate food concession that feed 6000 per day, generating profit margins up to 35%
  • Live-in foreign language packages for students studying English and online teaching of English
  • Welcoming, family-style sociable community
  • 7 day a week live entertainment

Guest Capacities:
  • 40 guest rooms - 260 beds
  • 5 function rooms 500 guests
  • Pool area, 1000 guests
  • Total capacity 3200
  • 30 meter by 30 meter main function room
  • 30 meter by 10 (more than 90 feet by 30 feet) pool and spa
AMENITIES
  • Nearly new back-up generators sufficient to power entire resort
  • Wi-Fi internet service throughout
  • Expansive, secure off-street parking
OTHER INFO
  • Click to view Cebu Profitable Resorts for Partnership or Sale
  • 80% of the 42,000 sq. meter properties are unimproved and available for expansion
  • Opportunity to expand into other businesses (similar to New Town Mactan) - Garden mall, call center, wellness center, medical tourism, etc.
  • Sellers retiring and motivated
PRICE

Asking price: PHP 180 Million (25% below market)

Note: Further discount for buying both Cebu and Bohol resorts. With more things to do and a service oriented, happy company culture, Alta is more fun!

Flexible on terms:
Option 1. Possible to buy either or both
Option 2: Sellers willing to retain some of the land for a lower price to buyer


Click to find out price in other currencies.

CONTACT INFORMATION

THIS PROPERTY: Code: CM-9338 (Profitable Resorts for Partnership or Sale - Bohol)
E-MAIL: 1234mitzi@gmail.com

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MEASUREMENT/ABBREVIATION GUIDE

1 hectare = 2.47 acres | 1 hectare = 10,000 square meters | 1 acre = 4,000 sq. m.
1 square meter = 10.76 square feet | 1 kilometer = 0.62 miles
1 meter = 3.28 feet | 1 meter = 1.09 yards
sq.m. = square meters | PHP or P = Philippine Peso | USD or $ = United States Dollar
m = meter | approx = approximately | km = kilometer | min = minute

Currency Converter | Measurement Converter
About Bohol Province | Map of Bohol Province

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