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Bed & Breakfast Seeking Loan in Courtallam, India

Growing homestay business seeking loan: Expanding to accommodate 40 additional guests with new amenities.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 37 thousand
Run Rate Sales USD 39 thousand
EBITDA Margin 30 %
Industries Bed & Breakfasts + 1 more
Locations  Courtallam
Local Time 5:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 42 thousand for 8.0% annual interest, 5 years (Native Currency: INR 4,000,000)
Reason: The funds will be used to expand our existing facility, adding additional space for 40 guests (incre... View More
Collateral Available: USD 53 thousand
Includes physical assets worth USD 158 thousand
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Business Name
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Business Overview
- Cozy homestay in Courtallam running for the last 5 years.
- We offer comfortable accommodation with food for our guests.
- Our property features 10 houses – stylish 1, 2, and 3 BHK options.
- Our property can host up to 70 guests at a time, perfect for family and group trips.
- Each house can accommodate between 4 to 9 people, making it ideal for gatherings.
- We average over 35 bookings a month, proving our popularity in the area.
- Our pricing ranges from 2,000 to 7,000 based on guests' needs, ensuring flexibility.
- We are planning to expand our services with a swimming pool and unique capsule and pod accommodations.
Products & Services Overview
We offer comfortable home stays along with delicious food for our clients planning a tour in Courtallam.
Assets Overview
Tangible assets:
- Land and building INR 1 crore.
- Furniture and fixtures INR 50 lakh.
These assets essential for business operations and cannot be liquidated.
Intangible assets:
- Client base and Goodwill.
- Licenses.
Facilities Overview
We operate from our own facility with a total area of 18,000 square feet, comprising two G+2 buildings cover 15000 sq ft, and featuring a car park space covering approximately 3,000 sq ft.
Capitalization Overview
The business is backed by two family partners, with one holding 90% and the other 10%. It operates without any loans or debt.
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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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