Beach Resort For Sale in Sipalay, Negros Occidental Philippines (BF-7577)

Sandy Beach Resort with Restaurant and Bar.

GENERAL SUMMARY

Well established beach resort located on a very beautiful sandy beach that includes a large restaurant and bar. The land is titled and located in Negros Occidental. The business is profitable and fully operational with a value exceeding over USD $1.5 million. There is direct road access, 24/7 electricity provision, and is a safe area against typhoons and floodings. The resort can currently accommodate 76 persons with a total of 15 accommodations. 

The resort has an established reputation and holds good reviews on Booking.com, Airbnb, Agoda, Facebook, Lonely Planet, Google, Kayak, and other Negros websites. Currently, the resort is in partnership with Booking.com/Agoda and Airbnb for online bookings, leaving big opportunities for the potential buyer to establish many more partnerships and contacts with other agencies to promote the resort at its full potential. The owner does not have the time to further develop. However, the resort has a great active and informative website and a Facebook page, both well established.

Reservations are guaranteed through online bookings, returning customers, walk-in clients, day trips, event bookings, weddings, and several corporate events. The resort attracts both local clientele and foreign tourism, which allows fully booked days in high season and continuous operation in low season. 

The restaurant is very popular, serving the best freshly cooked and tasty foods. It is awarded by Restaurant Guru. 

The business is for sale directly by the owner, not through real estate agents. It is a good opportunity for both foreign and Filipino investors. The resort is currently established under a corporation. The sale includes the transfer of the business, titled land, and shareholders of the corporation at no extra fee. The business can also easily be transferred to a Filipino’s name. The sale includes the business in operation, the permits, all the buildings and fixtures, assets and titled land. The front foreshore and homestead concessions are currently under process as well.

All permits and government-required certificates are in place, and taxes are paid up to date. Annual financial audit is conducted, and financial statements are up to date.

The resort has a beautiful garden with tropical plants, large coconut trees, and flowers. The resort is fenced with high concrete walls throughout. There is an already installed fiber-optic internet line and provision of Wi-Fi connection throughout the resort. There is a private airport for small jets next to the city for convenience.

LOCATION

Located on a beautiful sandy beach with amazing sunset views right in front of the resort in a popular but tranquil area with other neighboring foreigner owned resorts. The area provides amazing nature between hills, caves, coves, picturesque beaches, corals reefs and hiking opportunities. Activities include snorkeling, diving, island hopping, cave exploring, kayaking, trekking, hiking and more. The main beach is large with soft sand with no rocks and perfect for swimming.

PREMISES DETAILS

The resort includes the following buildings:

• The Restaurant offers a generous amount of dinning space. The bar is large and fully stocked complimented with a billiard table and ambient lights throughout. Facilities also include two public bathrooms and a grill house behind the fully equipped kitchen. The roofing is decorated with beautiful native palm leaves and bamboo finishings supported by large bamboo themed concrete posts and additional aluminum roofing for strength and leak proofing.
• Dedicated smoking and seating area with a complimentary baby foot table.
• 2 open cottage sitting areas located at the front beach, ideal for day trips. There are also additional beach chairs.
• 2 Storage rooms
• Laundry room with large, covered space to hang and dry the laundry.

A total of 15 accommodations that all include hot and cold showers, private bathrooms, private balconies, fans and air conditioning. All the foundations and floorings are concreted with ceramic tiles and aluminum roofing. The accommodations have bamboo and wood finishings for aesthetics. Concrete posts are themed to look like large bamboos as well.

• 5 concrete family/group accommodations (capacity for 12, 8, 8, 6, and 6 persons).
• 3 concrete and native style cottages (capacity for 2, 2, and 4 persons).
• 1 smaller concrete cottage with a native style, finished with bamboo wall decor throughout (capacity 2 persons).
• 3 native style cottages made of bamboo, hardiflex and amakan walls (capacity for 4, 4, 6 persons).
• 3 smaller cottages with bunkbeds with bamboo and amakan walls (capacity 4 persons each).

Additional important assets included:

• 2 additional public bathrooms with hot & cold showers located in the back building.
• 3 wells with fresh water (water all year round)
• 2 main tanks and 3 high-pressure tanks with a full pump system
• 5 septic tanks
• 2 generators 7KVA for back-up
• Full security camera system throughout the resort.
• Emergency lights and fire extinguishers in each room and building.
• Outdoor solar lights and walkway lights on the walkways and at the beachside 
• 1 double kayak, 1 single kayak, 1 stand-up paddle and many other assets

COMPETITION

The resort is located next to other similar resorts on the same beach

EXPANSION POTENTIAL

Building permits are valid for an extra of 3 cottages plus the owner’s house

LIVING ACCOMMODATION DESCRIPTION

There is currently no designated personal living accommodation. The owner is residing in one of the resort’s accommodations. however, the fully concreted back building which consists of 2 floors is a great opportunity to convert into a private residence, currently used as 2 separate resort accommodations.

SIZE 

2000 sqm

PLANNING CONSENT

The land is titled with an area of 2,000 sqm. Additionally, the front foreshore is 778 sqm in size and the front homestead is 638 sqm in size.

YEAR ESTABLISHED 

2012

EMPLOYEES

5 full time staff plus 5 on call helpers

TRADING HOURS

6am to 10pm regular hours of operations. Hours may be extended upon guest demand.

SUPPORT & TRAINING

Full training and support by the owner will be provided as needed at no extra charge.

REASON FOR SELLING

Owned by French and Canadian family that are retired in another country and not able to take care of the resort.