Guest House Seeking Loan in Jaigad, India

- The business provides budget accommodation through its 10-room lodge, offering basic lodging facilities primarily to workers and employees of nearby industrial establishments, including JSW and the local shipyard.
- Guests use the facility for short-term and long-term stays, particularly those working in the surrounding industrial area.
- The business also has potential to expand its offerings by developing a premium hotel with air-conditioned rooms, laundry services, and restaurant facilities to cater to business travellers, senior corporate professionals, and international visitors.
- Additionally, the previously operated dhaba could be revived to provide food and refreshments to guests and nearby workers. Physical assets: Owned lodge property (land & building) with 10 rooms, additional 5–6 guntas of expansion land which together comprise about 70% of the total asset value, electricity and water connections, parking facilities, basic guest amenities, furniture, fixtures, and existing lodge infrastructure.
The value of the physical assets exceed the loan amount being sought, however, these assets are necessary for the operations and cannot be liquidated.

- Intangible assets: Existing customer relationships, local market presence, and relationships with nearby industrial establishments. - The business operates from an owned 3,000 sq. ft. property currently occupied by the lodge.
- Additionally, the promoter owns 5–6 guntas of vacant land within the same premises in Jaigad, Ratnagiri, which can be utilised for future expansion. Self-funded.
No loans on the business or property.
Sole owner.