Hotel and Resort Seeking Loan in Cuttack, India

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 250 thousand
EBITDA Margin
15 %
Industries
Locations
Local Time
11:30 AM Faridabad
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 700 thousand for 10.0% annual interest, 5.0 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 840 thousand
Includes physical assets worth USD 3.5 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
Recent Activity
  • Earlier than 15 days
    Manager, Dubai, Financial Consultant connected with this business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
  • Earlier than 15 days
    Director, New Delhi, M&A Advisor connected with this business
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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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