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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 210 thousand
Run Rate Sales USD 210 thousand
EBITDA Margin 15 %
Industries Hotels and Resorts
Locations  Cuttack
Local Time 1:07 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 580 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 700 thousand
Includes physical assets worth USD 2.9 million
Documents
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.
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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