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Resort Assets for Sale in Goa, India

For sale: 4 star beach hotel near Varca Beach, South Goa with 52 rooms.

Ownership Duration 5-10 year(s)
Industries Resorts
Locations  Goa
Local Time 2:37 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 6 million (Native Currency: INR 500,000,000)
Reason: Owners are real estate investors who are now looking to sell the resort.
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Assets Description

- 4 star operational beach resort near Varca Beach, South Goa.

- Resort has 52 rooms and is situated 50 meters from the beach.

- Average occupancy rate of 75% per month.

- Resort has a swimming pool, restaurant, bar, grill / barbecue area.

- Total area of the resort is 5,600 Sq. Meters and is on lease.

- 7 years remain on the lease and there will be a 15% escalation every 3 years.

- Sale of the resort will be through share transfer. The shares of the company will be transferred to the investor.

Recent Activity
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Margao, Business Broker connected with the Business
  • Earlier than 15 days
    Founder & CEO, Pune, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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