Hotel and Resort Seeking Loan in Cuttack, India

Resort in a scenic environment with 42 cottages and in-house 4 restaurants.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 250 thousand
Run Rate Sales USD 250 thousand
EBITDA Margin 15 %
Industries Hotels and Resorts
Locations  Cuttack
Local Time 7:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 700 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 ... View More
Collateral Available: USD 800 thousand
Includes physical assets worth USD 3.4 million
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Business Name
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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.

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.

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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