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Listing ID: 2718223

Hostel & Karaoke Bar For Sale

Sawsawan San Roque, Talisay City, Cebu, Philippines

$ 100k to 250k

(Inventory / Stock included)

Revenue: $ under 100k

Cash Flow: $ 0 to 100k

Business Description

A 5 Year Old, improving Hostel & Karaoke Bar. This business has been built on native style outside but very modern inside. This is Freehold, if sold to a Filipino or Legal 50 years lease at 50 pesos per year.

- 9 Double Bedrooms all with ensuites aircon
- 1 Suite Double Bedroom ensuite and lounge
- 1 Managers
- 1 Bedroom home with ensuite Lounge.
- Kitchen, Karoake Bar, Karoake Beer Garden, Sports Bar and Modern Kitchen
- All staff wishes to stay on
- We also run Tours of Cebu for our Guests

For inquiries, contact us or visit us on www.booking.com for more information and photos.

Property Details

Size:

1000sq meters

Years Established:

2012

Property Type:

Real & Lease

Inventory Value:

$ 15,000

Real Estate Value:

$ 300

Other Details

Business Location:

In Native Village

Premise Details:

Very Well Built On Native Style To Show the real Philippines

Competition:

Very little

Expansion Potential:

Need for owner to be younger and be able to stay longer

Living Accommodation?

Yes
10 rooms for rent to Guests from all over the world

Operation Details

Employees:

5

Trading Hours:

9am to 11 am

Support & Training:

staff will stay on plus owner for 1 month or more if needed

Miscellaneous

Reason For Selling:

80 year old Australian in bad health will not be able to travel much longer

Contact this seller

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