Asking Price:  ₱95M           Location: East of Metro Manila                            

 
This elegant Event Place is occupying a total land area of 3,486 square meter in the eastern part of Metro Manila. It is managed very well by a family who started to developed the perfect venue for wedding ceremonies and other events like debut, birthday parties and the like. 

Majority of the business income is derived from the venues that are artistically designed to provide romantic events . This estate can accommodate big party celebrations from the choices of available venues from small function rooms to big ballroom type venue. 

Room Accomodations are available especially to wedding ceremonies that can provide rooms to the entourage, the bride and the groom on separate locations before the start of the wedding. 

The other services of this estate , which provide revenue of about 8% from the total revenue amount , include swimming pool, karaoke area , corkage , as well as Bed and breakfast accomodations. 

Recent assessments of the assets values were appraised , as follows: 
1. Land (3,486 sq meters)  Php 49,519,000.00 
2. Structures/ Buildings  Php24,706,001.54 
3. Land Improvement (Landscape area )  Php2,542,500.00 
4. Veranda (Bride’s room, Family room, and cocktail area)  Php 591,500.00 
5. Fountain Area  Php253,750.00 
6. Paved Area  Php1,420,000.00 
7. Furnitures, Appliances and Fixtures  Php 1,230,900.00 

With the above assessed values of the property assets, the new owner will already inherit around Php 80,263,651.54. The present owner would like to retire with their earnings because of health issues. 
 
*Strict confidentiality applies. Further details of this business will only be disclosed following a personal meeting with the broker and a completion of a Confidentiality Agreement. Purchasers must be able to demonstrate the financial capability and business experience to proceed before detailed information will be shared. 

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MARIA MORRIS
Business Broker

+63 995 971 8683
maria.morris@linkbusiness.ph

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