Guest House Seeking Loan in Shillong, India

Guest house business in Shillong with 6 rooms, seeks funds to start another hotel.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 24 thousand
EBITDA Margin
38 %
Industries
Hotels + 1 more
Locations
Local Time
12:18 AM Kolkata
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 40 thousand for 10.0% annual interest, 9 years (Native Currency: INR 3,000,000)
Reason: To start another hotel business with 16 rooms near our current business location.
Collateral Available: USD 900
Includes physical assets worth USD 20 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Hotel and guest house business operating since the last 3 years.

- Located in a peaceful area of Shillong.

- Have an Assam type Bungalow with 6 rooms out of which 1 room is under construction.

- Hotel has 60 to 70% occupancy rate throughout the year.

- Facility has a kitchen as well.

- Planning to start another hotel near the current business location that would have 16 rooms.

Products & Services Overview

Hotel with 6 rooms and an indoor food facility.

Facilities Overview
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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