The Royal Beach Resort is located at Basdio, Guindulman, Bohol, Philippines, and on the free shuttle system. Will offer customers 12 two-bedroom units with underground parking, fully-equipped kitchens, laundry facilities and stone fireplaces. Royal Beach Resort also will offer a common-area outdoor hot tub as well as a on-site store and on-site front desk service.
On average, visitors will spend over P250 million, annually, for lodging, food, and recreational activities at Royal Beach Resort.
Maria Katrina Lugtu, Maria Jennilyn Bernaldez, Geraldin Dandan and Riza Gunday, co-owners of the Resort, will operate the business.
1.1 Objectives
The objectives of the establishment for the first three years of operation include: * Exceeding customer 's expectations for luxury après ski accommodations. * Maintaining a 100% occupancy rate during the peak periods. * Assembling an experienced and effective staff.
1.2 Mission
The mission of Royal Beach Resort is to become the number one Resort of choice with visitors of Bohol to the world.
Company Summary
The Royal Beach Resort, located in Basdio, Guindulaman, Bohol, has 12 two-bedroom units with underground parking, fully-equipped kitchens, laundry facilities and stone fireplaces. This resort also has a common-area outdoor hot tub as well as an on-site store and on-site front desk service.
2.1 Company Ownership
Maria Katrina Lugtu, Maria Jennilyn Bernaldez, Geraldin Dandan and Riza Gunday, are co-owners of the Resort.
2.2 Start-up Summary
The co- owners will invest P100, 000 million. They will also secure a mortgage to purchase the property for P250, 000.
Start-up Funding | | | Start-up Expenses to Fund | P185,400 | Start-up Assets to Fund | P364,600 | Total Funding Required | P550,000 | | | Assets | | Non-cash Assets from Start-up | P350,000 | Cash Requirements from Start-up | P14,600 | Additional Cash Raised | - | Cash Balance on