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Trippa Spa Resort (Proposed funding Project)

TravelTrippa Inc propose an aquistion purchase of this property in partnership with a suitable investor.

Camotes Islands, Cebu-Philippines

(Currently - Homa Spa Resort)

This resort will be whole owned - 60% TravelTrippa.PH - 20% TravelTrippa Inc.USA - 20% Investor

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Description

The resort is fully furnished and ready to accommodate tourists. It has five separate buildings, an infinity swimming pool, a children’s pool, and a jacuzzi overlooking the sea. In the main two-story building are a reception, six large air-conditioned rooms, a restaurant, a cocktail bar, and a vast apartment on the first floor.

All six aircon rooms are suitable for four guests and have a cabinet, refrigerator, a flatscreen TV, and a large bathroom with a hot and cold shower. On the first floor is a large apartment. It can be the owner’s home; however, it may also be intended for special guests. It also has a kitchen and terrace. Two bungalow houses are ideal for families; each has a large air-conditioned room, a bathroom with a hot and cold shower, and a terrace with a garden view.

The next house is a professionally equipped kitchen for the restaurant, a separate toilet for men and women, and showers. Near the pool is a native cottage where you can listen to the waves’ sound and watch the beautiful sunset. The fifth’s two-story house has four rooms for staff, a storage room, and a 40 KW generator.

This is perfectly setup as a 5 star Retreat and Massage Spa Resort.

Built 2020 Sleeps Max People : 48 Open All Seasons
Family Resort Pickup : MacTan Airport Langauge - English, Cebuan
Handover Period to Settlement

4 Months After Signing of Contracts and Payment

Investment period return Starting

Year 2 End of Year dividends

Aquisition Purchase Summary
  • Aquisition Purchase - US$1.3m
  • Duty Fees - US$150k
  • Legals & Settlement - US$150k
  • Resort Upgrades - US$600k
  • Marketing - US$800k
  • 6 Months Runway - US$550k

  • TOTAL PROJECT COST - US$3.5m
Resort Services
  • Accomodation Bookings
  • Food & Beverage
  • Tour Bookings
  • Entertainment / Kareoke
  • Weddings / Private Functions
  • Massage & Spa Services

What makes this Resort a great TravelTrippa Aquisition?

This is up there as the best resort and could easily become the number one MassageSpa on all three islands. This resort has been highly services and maintained. - The location is perfect, easy for guests to get to and venture our into town.

With a western influence introduced, our marketing stratergies, our ability to provide a full travel service to global clients, the current growth of these islands with mainland visitors having better access to the island - it just doesn't get any better than this.

Aquisition Process Timeline

Month 1 - Partnersip contracts/Investment Secured

The Investor and TravelTrippa will negotiate and plan a suitable aquisition agreement based on the investment amount specified in the TOTAL PROJECT COST above.
This will be a mutual and benificial agreement to all parties with a clear exit option for the investor. Funds will be secured for the aquisition project in a secured escrow account.

Month 2 - New Philippines corporation will be structured.

TravelTrippa on behalf of the new partners will apply to the Philippines SEC to structure a private company with the ownership being 60% Filipino as per compliance regulations and the other 40% will be foreign owned by TravelTrippa Inc in the USA and the Investor.

Month 3 - Aquisition Offer to property Owner and Legal compliance.

The Aquisition propsal with be made in Person to the current resort owner. Our local attorney will manage the nogitations to protect the interest of all parties and pysically have in hand or sighted before settlement payment all Tiltle and Tax Declaration papers as per Philippines realestate laws.

Month 4 - Property Handover and continued support by the current owners team.

Our management team who are based permenatly in Cebu will complete a full handover of the propert and complete all tansactional papers with the Seller and the Sellers current Staffing crew will be introduced to the new owners. As part of a standard aquisition such as this purchase transaction, the current staffing team will be assessed and retained for a months inital training of the resort and ints general operations. It would be likely to keep a high percentage of the currentstaff on board permenantly.

INTERESTED? Why wouldn't You Be!

Contact us or chat to us via any of our channels here on our website and help us build an amazing group of Trippa Resorts in this beautiful part of the world - Camotes Islands, Cebu - Philippines.

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    PMB 1940 146 Wilshire Blvd, Los Angele. C.A. 920117
  • -Contact:
    USA: +1 3232385510 - ASIA: +63 09177724593
  • -Locations:
    USA: Los Angeles - ASIA: Cebu City
  • -Email: info@traveltrippa.com
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