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Campsite Operator Seeking Loan in Leh, India

Company operating hostels and camps seeks a loan for opening a branded hostel in Goa.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Public Limited Company
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Campsite Operators + 1 more
Locations  Leh
Local Time 11:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 18.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: Loan required to open a branded hostel in Goa with 27 rooms and a cafe at a well-researched location... View More
Collateral Available: USD 0
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Business Overview

- Business serves backpackers and travelers and operates a camp, a camp resort, and a travelers hostel.

- Revenue split: 56% from hostel, 25% from the camp resort, and the rest from camp in Leh, Ladakh.

- The traveler's hostel is a franchised business of a top hostel brand. Our properties have hosted 10,000+ travelers in total, from 25+ countries.

- Our camp in Leh, Ladakh has 15 tents, hostel in Leh has 70 beds, and the camp resort in Sariska has 12 Yurt tents and can accommodate up to 120 travelers in total. The average occupancy rate is 75-80%.

- Earned Certificate of Excellence from TripAdvisor.

- Have 25 employees on a contract basis including kitchen and housekeeping staff.

- Promoter is seeking funds to take up multiple franchises at various locations of a top branded hostel chain in India. It has an ROI of 40% and a payback period of 7-15 months per hostel.

- Promoter has 20+ years of industry experience.

- Business-owned assets include interior furnishing, camping tents, kitchen equipment, diner, and other equipment.

- Have high sales growth as the hostel business was started last year and contributes to more than 50% of our revenue. The hostel business alone has an EBITDA of 40%.

- The business is registered in Leh Ladakh but it has its headquarters in Rajasthan along with a camp resort.

- Profitably operated even during the 2020 pandemic and lockdowns. Crossed all past revenue records in this year achieving with avg. occupancy of 85-90%.

- The company started researching Goa as expansion early this year and successfully finalized a property on a long-term lease with above 30% profit margins.

- The company is looking for debt finance of INR 70 lakh needed to invest in the property to develop amenities and a Cafe.

Products & Services Overview

Franchise of top branded hostel. A camp, and a camp resort.

Assets Overview

The assets include the hostel assets like interiors and furniture.

Facilities Overview

Leased properties:

- Camp at Sariska (4-5 acres) on an 8-year lease.

- Leh camp with 15 tents (2.5-acres) on a 10-year lease.

- Our property in Leh has a built-up area of 5,000 sq. ft. with 19 rooms with a mix of dormitories and private rooms. Also, have a Rooftop Cafe of 1,200 sqft. It is on a 10-year lease and thereafter extension for every 5 years.

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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