Hotel Equity Stake For Sale in Ayodhya, India
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Ayodhya |
| Local Time | 7:55 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
- We have spotted an ideal location on the national highway which is around 1 km away from the temple construction site. We are looking to secure 2 acres of land to construct the hotel with 100 rooms. This project is still in its infancy and will only take a proper shape after the investment is secured. A rough estimate of the project is INR 40 cr. The land cost will be INR 4 cr and construction will be around INR 36 cr.
- After starting the project the hotel will be registered as a separate legal entity and the equity will be given in that project.
- Promoter will be managing the project from start to finish. He has been managing a 160 plots project in Melbourne (AUS) and has managed smaller projects in India.
- Already in talks with some big brand hotel chains including Accor Group. The big hotel chains usually only manage the hotel on a profit share model.
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, Hospitality, Ayodhya, Individual Investor / Buyer connected with the Business