Professional Documents
Culture Documents
Eco-Resort
Environmentally
Responsible
and
Sustainable Tourism
RRM EcoApril
Resort
Prospectus
2012
company overview
Eco Resort Concept
Roberts & Rose Mariculture Corp (RRM), a
proprietor-owned and registered Philippines
corporation, is poised to launch an eco-resort
alongside a major sea cucumber farming and
global distribution business. Company facilities are
ideally located on 15 square miles in one of the
most biodiverse and pristine marine ecosystems in
the world.
The companys business and environmental
management plans are supported and endorsed as
a for-profit, sustainable and culturally worthwhile
venture by the ECAN (Environmentally Critical Area
Network) Board of the Municipality of Busuanga,
Province of Palawan. The mission of RRM is to
leverage competitive differentiating advantages to
become a distinctive outdoor recreation and
relaxation resort providing excellence in comfort
and service at non-exorbitant prices.
Thomas M Roberts
Robert A Rose
Mission Statement:
Ethical and Sustainable Eco-Tourism in the Philippines
Guiding Principles:
To create a sound and sustainable hospitality business based on ethical governance that ensures
customer satisfaction with visiting a healthy coastal rural marine environment known for its
biodiversity and underwater WWII wreck diving and pearling industries.
To construct a resort using best-practice, ecologically sustainable practices that help protect the
biodiversity of the local environment, including historical underwater landmarks.
To build a rewarding vacation environment in Busuanga, Philippines that respects both Filipino and
non-Filipino cultural values.
To grow the business through the consolidation of local, traditional knowledge and life styles and
contemporary understanding of global markets.
Disclaim er
The information in this document is intended to express the opinions of the proponents only. Financially
interested individuals or investment groups should understand that the information contained relates to an
eco-resort venture at the developmental phase and involvement should be considered speculative. No
responsibility will be taken by the proponents of this document for the financial decisions or actions made by
others on the basis of the information contained within.
Executive Summary
Overview
Roberts & Rose Mariculture Corp is a proprietorowned Philippine company created on the basis of
the strategic and commercial symbiosis of colocating an eco-resort with an aquaculture and
aquatic research facility in the bio diverse coastal
waters off Busuanga Island in the Calamian Group
northeast of Palawan, Philippines (Figure 1).
Fig ure 1 . Desambuang Eco-Resort located of the on the eastern side of Busuanga.
The ECAN Board (Environmentally Critical Area
Network) of the municipality of Busuanga,
Palawan Province, has recently endorsed the
construction of an eco-resort complex, a hatcherybase camp and pier at Desambuang. Also,
included is the approval to utilize 240-hectares of
sub-tidal sea leases adjacent to the property as
personal access to the marine environment. This
endorsement is based on the companys ethical
mission and technical ability to operate the ecoresort and sea farm without damaging the
environment while meeting or exceeding all local
and international regulations and standards.
Management team
The eco-resort will have two directors in
combination with the sea cucumber farm: Tom
Roberts, an expatriate American living/working in
the Philippines, and Robert Rose, an
Australian/American working in Australia and SE
Asia. Roberts is pearl farmer with resort business
experience. Rose is an aqua culturist with
experience in large-scale aquaculture projects and
in building and establishing self-sufficient, remote
area living and working base camps for farming.
All company office bearers are Filipino with
experience in international law and business
management and accountancy. The majority of
the companys foreign and national shares are
owned and controlled by the two directors.
Ivelle Legaspi, Resort Manager,
has worked over 11 years in the
hotel
and
communication
industries, since 1998, she has
worked at a number of
prestigious
national
and
international hotels in the
Philippines and Dubai, Arab
Emirates. Ivelle has worked as a
front desk and senior front desk officer, senior
customer care specialist and administration
manager at the following respective hotels and
communication companies: Days Inn Hotel
Financial Projections
Income
Year 1
Year 2
$1,401,200
$1,471,260
$1,017,000
$1,067,850
$1,090,000
$1,144,500
$30,000
$31,500
$3,538,200
$3,715,110
Most resorts in Busuanga are focused specifically on underwater diving, generating their income mainly from
wreck diving. Desambuang Eco-Resort will offer diving, but in addition it will couple the dives with simple and
enjoyable photographic and visual environmental monitoring programs, which will be satisfying, educational
and interesting. The resort is approximately five minutes from one of the best shipwrecks in Busuanga and
15 minutes by boat from Sangat Bay to another large group of wrecks resulting from the battle of Sangat in
September 1944 (see Figure 1).
Guests at the resort that enjoy fishing will also be accommodated, as well as other land based activities,
such as, hiking and navigational training, painting, horse back riding, bike tours and endurance courses.
Capital Expenses
To establish the resorts infrastructure a number of construction activities are required and can be divided
into three sections: site development; infrastructure up to complete refurbishment; and plant and equipment.
The cost of capital goods are listed in Table 1 and summarized below.
Infrastructure costs will include cottages, restaurant, staff quarters, reception, laundry, workshop, generator
shed, storage sheds, pier, retail shops, dive/boat shed, spa/pool and landscaping. The infrastructure costs
also include most of the contents of the buildings. Prices shown are derived from similar remote area
projects in SE Asia and from quotes.
Plant and equipment relate to: boats; diesel power generators; ski-jets; vehicles; dive gear; tools; office
equipment; and cabinets/desks.
$24,000
$100,000
$90,000
$25,000
Workshop
$35,000
Restaurant/Bar
$200,000
Staff Quarters/Ablution
$90,000
$193,000
$30,000
Concrete pier
$87,000
$500,000
$40,000
$25,000
Landscape/lighting
$50,000
Spa/pool (connected)
$80,000
$1,569,000
$100,000
Vehicles
$80,000
Tools
$10,000
$200,000
$15,000
$170,000
$13,000
$50,000
$50,000
Start-up Supplies
$25,000
$12,000
$725,000
$100,000
Construction Labor
$75,000
$25,000
$28,000
$39,000
$16,000
$325,450
$2,619,450
$65,000
Housekeeping
$39,100
Food Service
$50,600
$77,900
Recreational
$79,500
Employee Benefits
$62,420
Employee Training
$5,000
$20,000
$1,500
Temporary Labor
$5,000
$5,000
$10,000
General Consumables
$25,000
$20,000
$20,000
$15,000
Housekeeping Expense
$15,000
$5,000
Cleaning Supplies
$10,000
$71,000
$20,000
Insurance
$50,000
Office Expenses
$10,000
Telecommunications
$18,000
Marketing Expenses
$20,000
Information Technology
$10,000
Professional Services
$30,000
Contractors
$100,000
$25,000
Miscellaneous Expences/Contingency
$47,900
Total
$932,920
10
Year 1
Year 2
Year 3
$3,000,000
$3,538,200
$3,715,110
$3,000,000
$3,538,200
$4,469,040
Capital Costs
Site Development
Infrastructure
$214,000
$1,355,000
$15,000
$150,000
$725,000
$8,000
$58.000
$325,450
$2,000
$5,000
$2,619,450
$25,000
$213,000
$406,020
$414,140
Overhead
$526,900
$537,438
$932,920
$951,578
$2,619,450
$957,920,
$1,164,578
$380,550
$2,960,830
$460,000
$2,580,280
$3,304462
$380,550
$2,960,830
$6,265,292
Profit
This business plan shows that the project is profitable with sufficient revenue to pay back the initial capital
investment of $3,000,000 by the end of the fourth year of operation. The proponents of this eco-resort are
currently developing a construction work schedule.
Projects Sustainability
Having exclusive access to large sea lease areas that are protected for aquaculture will ensure that the
project has a renewable, pristine recreational environment representative of the famous natural marine
biodiversity known to occur in the Palawan Province. The projects proposed best practice custodial land
management style will provide the resort every opportunity to be an economically, environmentally and
culturally sustainable business. Tourism within the Calamian Group of islands in northeast Palawan
Provence is anticipated to continue to grow, attracting both foreign and local tourists.
11
Contact information
Operations Director
Technical Director
Thomas M Roberts
Robert A Rose
Concepcion
Busuanga Island
Palawan, Philippines
Email: bob@pearloyster.com.au
Email: tm.roberts11@gmail.com
Resort Manager
Email: ivelle.legaspi@gmail.com
Ivelle B Legaspi
Registered Office
Concepcion
Busuanga Island
12th Floor Net One Center, 26th St. corner 3rd Ave.
Palawan, Philippines
A complete Business and Operations Plan, with detailed 6-year financial projections are available to
prospective investors by contacting the directors above.
12