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Amusement Park Investment Opportunity in Tirupati, India

Greenfield theme park project in Tirupati is seeking an equity investor.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Amusement Parks
Locations  Tirupati
Local Time 8:13 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 6 million for 45.0% stake (Native Currency: INR 500,000,000)
Reason: We are looking for a like-minded equity investor for this iconic theme park project. This is so that... View More
Includes physical assets worth USD 12 million
Interested to connect with advisors
Documents
Business Overview

- It is a greenfield project in phase I with INR 80 crores already dedicated to the project. We are seeking an investor who would be willing to join us as an equity partner in our edutainment theme park.

- The construction work has begun and operations will commence within the next 3 years.

- The equity investor will have an option to exit 1 year after the commencement of theme park operations.

- Our extensive feasibility study has shown that Tirupati has a daily inflow of 1,00,000 pilgrims with each pilgrim spending 36 hours in the city. The study also indicated that there is a demand for this kind of theme park.

- Our study and initial surveys show that our theme park will have a footfall of 5-7% of the total tourists visiting Tirupati.

- We have a 66-year lease on a 30-acre land parcel in Tirupati.

- The promoters of the parent company have a combined net worth of more than INR 100 crores.

- The equity sale is only for the theme park project and not for the parent company registered in Hyderabad.

Products & Services Overview

Miniature replicas of more than 100 great temples of India, diya structure designed like a traditional Indian lamp, a snow park with ice temples, holistic food courts, water rides, laser shows, resort, five-star hotel, and an international convention centre.

Assets Overview

66-year land lease from the Andhra Pradesh tourism department.

Facilities Overview

Administrative office of 5,000 sq. ft. located on the project site.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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