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Adventure Sports Business Seeking Loan in Manali, India

Manali based base camp with 8 bamboo huts and garden offering amazing experience of the Himalayas.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales Nil
EBITDA Margin 23 %
Industries Adventure Sports
Locations  Manali
Local Time 10:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 13 thousand for 25.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Promoter is seeking a loan to develop the camp and to set up new adventure activities such as net cl... View More
Collateral Available: USD 20 thousand
Includes physical assets worth USD 17 thousand
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Business Overview

- Offer camping activities at our base camp near Manali.

- The base camp is 12 km from Manali and is easily accessible to tourists.

- Have 8 bamboo huts where 48 people can be accommodated at a time.

- Offer customized packages spanning from 2 days to 10 days.

- Offer trekking activities and campsite activities on our own and have partnered with over 10 local businesses to provide adventure sports and entertainment activities.

- Have hosted over 100 batches at our campsite in the last year alone.

- Have a network of 12-15 agents who secure bookings from customers and charge us a commission of around 20% depending on the package the customer has chosen.

- Operations of the base camp have been halted since March due to the COVID pandemic and are yet to resume.

- Before the pandemic, the business generated an annual revenues of around INR 55 lakh with an operating profit margin of 23%.

- The business has reinvested all of its profits into acquiring capital assets and is seeking a loan to acquire new assets in order to drive revenue.

- Promoter has over a decade of experience in the recreation and leisure industry.

Products & Services Overview

Trekking and jungle camping, night trek, visit to Manali market and snow point, and adventure activities.

Facilities Overview

Leased land of 1 acre out of which some portion is being used as the base camp and an office space of 100 sq. ft.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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