Banquet Hall for Sale in Thiruvithamcode, India
Luxurious resort with 14 rooms and banquet halls with prime-event facilities and high online reputation.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 94 thousand |
| Run Rate Sales | USD 112 thousand |
| EBITDA Margin | 40 % |
| Industries | Resorts + 1 more |
| Locations | Thiruvithamcode |
| Local Time | 12:27 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
5.8 million
(Native Currency: INR 500,000,000)
Reason: The reason for the sale is the owner's relocation abroad.
Includes physical assets worth
USD
5.8 million
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Business Overview
- Established in the heart of Mulagumoodu, this luxurious resort spans over 3 acres of prime land, offering a blend of green tranquility and urban convenience.
- With an average of 90% of revenue generated through direct bookings and excellent online presence, the resort has maintained a robust online reputation, evidenced by high Google reviews.
- The elegant resort features 14 sophisticated hotel rooms, 3 pristine swimming pools, and a banquet hall, providing comprehensive luxury hospitality services.
- The resort has strategic partnerships with major online travel platforms, enhancing its visibility and accessibility to prospective guests.
- In addition to luxurious accommodations, the resort caters to diverse events such as political meetings, weddings, and birthday celebrations, enhancing its role as a key event destination in Mulagumoodu.
- A restaurant located within the resort is currently leased out, providing a steady income stream while allowing the resort to focus on its core hospitality services.
- Operating for over 4 years in a posh area, this resort has become synonymous with luxury and exclusivity, attracting a clientele that values quality and premium experiences.
- With an average of 90% of revenue generated through direct bookings and excellent online presence, the resort has maintained a robust online reputation, evidenced by high Google reviews.
- The elegant resort features 14 sophisticated hotel rooms, 3 pristine swimming pools, and a banquet hall, providing comprehensive luxury hospitality services.
- The resort has strategic partnerships with major online travel platforms, enhancing its visibility and accessibility to prospective guests.
- In addition to luxurious accommodations, the resort caters to diverse events such as political meetings, weddings, and birthday celebrations, enhancing its role as a key event destination in Mulagumoodu.
- A restaurant located within the resort is currently leased out, providing a steady income stream while allowing the resort to focus on its core hospitality services.
- Operating for over 4 years in a posh area, this resort has become synonymous with luxury and exclusivity, attracting a clientele that values quality and premium experiences.
Products & Services Overview
The resort offers luxury hotel rooms and access to swimming pool and banquet hall.
Assets Overview
Tangible assets:Building, furniture and interiors with swimming pool valued at INR 12 crore.
The land is valued at INR 38 crore.
Intangible assets include goodwill, company PAN and TAN, MSME, GST and sanitary certificate.
Facilities Overview
The resort spans 3 acres, fully covered with various types of fruit trees, and is located on the main road in Mulagumoodu, Thiruvithamcode.
Capitalization Overview
The business is self-funded with no outstanding loans and is partnered equally (50:50) with wife.
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