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Hotel and Resort for Sale in Bangalore, India

15 Acre DC Converted Farmhouse for sale on Chikkabellapur to Gauribidenur state highway.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 30 %
Industries Hotels and Resorts + 1 more
Locations  Bangalore
Local Time 8:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: INR 105,000,000)
Reason: 15 years of ownership. have other business to take care of in Kerala. Basically time constraint.
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
Documents
Sketch of Property
Property Desc 1
Property Desc 2
Property Desc 3
Snap
Business Overview

- One of top 5 farmhouses on the outskirts of bangalore, currently being run as homestay.

- On Chikabelapur - Gouribidnur Road (Proposed NH 234 - under construction)

- 10 Km from Chikabelapur town.

Overview.

- Scenic Location - Overlooking a lake & Surrounded by Hillocks.

- Eastern Slope of Nandi.

- All clear documents - NOC from Village Panchayat, RTC / paani, Mutation, Tax paid till date.

- Sale able land 13 acre, land DC converted.

- Two Bore wells yielding 3 inch and 3.5 inch each and one open well.

- Two generators supporting Bore well and one supporting the farm house.

- Vaastu Compliant.

Environment.

- 2000 Silver Oak trees along the periphery, 650 coconut trees (10 years old - yielding, Chikoo, Lime, Mango, Jackfruit and so on. Vareity of flowering trees and plants.

- Cows, sheep, ducks, turkey, geese, guinea fowls, find ponds.

Farmhouse.

- Two architect designed farm houses both around 2500 sq ft.

- Main farm house has attached Swimming Pool, Pavilion overlooking the lake, Two Bath attached Bedrooms, One bath Attached to the Childrens room,

- Sitting room with Open to sky courtyard, Bar Area, Dining and Kitchen.

- Antique Furniture, All Bedrooms Air Conditioned, Lawn, Play Areas.

- Pavilion for get togethers (Doubles up as a Dance floor)

- Both Houses furnished in ethnic style.

Facilities.

-Internal fencing for both farm houses for privacy.

- Security Room / Watchman accommodation / Store Rooms.

- Both Houses supported by Invertors.

- Entire farm networked with pipe lines for irrigation.

Products & Services Overview

2 farmhouses centralized AC, 5 Bedrooms, one swimming pool, Servants quarters, Indian, Chinese, continental food.

Facilities Overview

15 acres of Land out of which 13 is DC Converted enroute chikkabellapur to gauribidenur.

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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