PROPERTY DESCRIPTION:

Furniture Factory & Plant Or Alternative Use For Sale/lease - Tungkop, Minglanilla, Cebu

PROPERTY PROFILE BELOW IS DONE BY THE OWNER HIMSELF:

FACTORY COMPLEX, If leased as a going concern (with use of all equipment/machinery) a large portion of the rent will be covered by the current ongoing and profitable business, goodwill included at no additional cost.

Nice condition built 2002-3. Can be Used for Other Industries & is clean enough for electronics. Includes quality living accomodation, offices, showrooms. 3 Hectare land area with a total covered area of around 20,000 Square meters with further room for expansion. Office block has three stories 400 square meters per floor. All rooms nicely decorated and well furnished. PBX telephone System, built in LAN, Broadband connection, All Air Conditioned.

* OFFICE/ACCOMODATION GROUND FLOOR. Is a combination of parking , office rooms, clinic and a photographic studio.

* 1ST FLOOR comprising 3 executive offices, Accounting, production, designing & reception.

* 2ND FLOOR with very nice apartment all rooms air conditioned comprising Living Room, Dining, Kitchen, bathroom and Bedroom with Ensuite Bathroom. The remaining floor area is a showroom and the apartment could easily be expanded to the whole 400 sqr meter floor if required. All the plumbing, waste water piping & A/C units were placed on the outside of the building so it is very easy to maintain and to provide additional bathrooms and toilets.

* 3RD FLOOR is a single space 400 Sqr meter showroom and is Air conditioned for a total of 1600 Square meters in the whole building.

SERVICES
3 Phase power
50 KVA Back up generator for the Offices
250 KVA back up generator for the Factory
Broadband & cable TV
PBX Telephone System
220 Cubic Meter fire water tank and fire lines
Piped in compressed air with 2X40HP screw type electric compressors w/dryers
and smaller backup compressors.

MAIN FACTORY BUILDING 9000 square meters Single long span truss across a 45 meter width there are no internal columns. The building has an insulated long span roof and is well ventilated. It is 45 feet high in the center. All the concrete floors where designed to be used by heavy fork lifts. The building is well lit and all the gutterings are stainless steel.

secondary 3000 square foot factory building
several other smaller buildings
Bunk house for up to 100 workers
Carpentry section
Wrought Iron forming, welding and pressing section
Investment casting foundry in a seperate purpose built building
spraying section with built in spray booths
Carton making section
packing area
main loading bay is 500 sqr meters covered and can accomodate 6X45' containers
2 additional entrances into the factory with hard standing. These areas can accomodate the loading of a further 10 containers
Machine rooms
Mechanical and electrical workshops
Racked storage area
Wrought iron phospate dipping tanks
Grit Blasting room

For anyone who would want to continue to use the factory for furniture manufacturing, I would be willing to include our current customers we have maintained and kept only the profitable ones. There is currently a projected net profit of around USD 100,000 per year and the orders are increasing.
We would be willing to lease the whole complex, to include equipment, offices , accomodation etc for $33,000 a month with a good part of this being paid for by the current business. I am not asking any goodwill payment and would be willing to assist in a smooth transfer to the new owner. We will continue to live in Cebu and have no plans to leave the Philippines.

The only reason to lease or sell our factory is that we have ran it for the past 20 years, we have had as many as 720 employees (we currently have only 120) with a past FOB output of close to $10M per year and we did very well. A few years ago we had a fire. We rebuilt and expanded but lost a lot of customers, at 57 years old I would now rather spend my time with lovely wife, 4 young children and my hobbies.

While I would like to see it continue as a furniture factory in the hands of a new energetic team. The complex is also idealy suited for many other industries. The current asking price includes several hundred thousand dollars of machinery, if the factory is sold or leased for another purpose other than furniture, I will remove all the equipment that is not required and adjust the price. I cannot let down our current customers and will have to make alternative arrangements to accomodate their orders.


>>> To view the Slide Show, please click the URL LINK below:

http://www.kodakgallery.com/I.jsp?c=1667k89e.1z8l4zse&x=0&y=3n6qe0


SELLING PRICE: $4,000,000 USD (Financing Available)
LEASE PRICE: $33,000 USD per month
(Prices are negotiable)

FOR MORE INFO AND SITE VIEWING:

mailto: [email protected]
mobile: +63 917 366 9614

REB LIC NO: 410 

http://houseandcondotel.bravehost.com

NOTE: This existing structure is also highly feasible for CALL CENTER functions or KOREAN SCHOOL.

more listings at: http://realtorleslie.multiply.com