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Profitable Resort Seeking Loan in Mysore, India

Eco-friendly forest atmosphere man-made jungle resort spread over 10 acres of land seeks loan for further development.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 240 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 40 - 50 %
Industries Resorts
Locations  Mysore
Local Time 1:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 360 thousand for 10.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: For the development of the resort.
Collateral Available: USD 360 thousand
Includes physical assets worth USD 3 million
Business Overview

- It was established in 2005.

- Proprietor 12 years experience.

- Have 30 rooms in total out of which 20 rooms are air-conditioned.

- Have raised Rs. 1.5 crore of loan from Vijaya Bank.

Products & Services Overview

Multicuisine restaurant bar attached aurvedic massage parlour 10 natural ac cottages 20 ac rooms conference hall play ground swimming pool.

Facilities Overview

Around 16000 squre foot own property.

Capitalization Overview
Not Disclosed
Recent Activity
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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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