Hotel and Resort Seeking Loan in Cuttack, India
Resort in a scenic environment with 42 cottages and in-house 4 restaurants.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 205 thousand |
| Run Rate Sales | USD 205 thousand |
| EBITDA Margin | 15 % |
| Industries | Hotels and Resorts |
| Locations | Cuttack |
| Local Time | 10:35 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
570 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: We want to build a water park inside the campus We have already finalized the space, boundary walls ...
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Collateral Available: USD 680 thousand
Includes physical assets worth
USD
2.85 million
Documents
Domain-Verification.pdf
(213.0 KB)
ROC-Verification.pdf
(59.3 KB)
Business Overview
- 2007 established beautiful resort on an area of 5 lakh Sq Ft.
- We have 42 cottages, 3 Restaurants, 4 Conference halls, Indoor and outdoor games facilities Swimming pool, Kids pool, Rain dance floor.
- We also have a parking area of 1 lakh Sq Ft for events and weddings. We have wedding mandaps also.
- During season time we hit 80% occupancy and other days it is between 20% to 30% occupancy.
- Promoters have 30 years experience in the field of hospitality.
- We have 42 cottages, 3 Restaurants, 4 Conference halls, Indoor and outdoor games facilities Swimming pool, Kids pool, Rain dance floor.
- We also have a parking area of 1 lakh Sq Ft for events and weddings. We have wedding mandaps also.
- During season time we hit 80% occupancy and other days it is between 20% to 30% occupancy.
- Promoters have 30 years experience in the field of hospitality.
Products & Services Overview
Hotel Resort, Restaurant, Destination wedding, Banquet, Indoor outdoor games, Event Management, Inbound and outbound tour packages,
Facilities Overview
Land area- five lakh Sq Ft. Built up area - 50,000 Sq Ft. Property is owned by the promoter.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysMarket Research Analyst, Synthetic Rubbers, Nicosia, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Dubai, Financial Consultant connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
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