Hotel Investment Opportunity in Bhavnagar, India

Awards:

• India and Asia Book of Records awards winner.

• Won more than 100 awards.

• Best 5-star awards in the last 2 years.

• Best banquet awards.

• Best wedding venue awards.

• Best clean and hygienic property awards by the local authority.

- Best GOP and achieved all 7 years' budget.

- Growing from 39% to 70% occupancy.

- 20% annual revenue growth. From INR 20 crore last year to almost INR 22 crore this year.

- Have 1,000 HNI families as club members.

- Best wedding destination property in the district.

There is also an upcoming private villa project close to the hotel property. The upcoming project will have 220 villas, where each villa will have an exclusive helipad. The investor will get a stake in the existing hotel business, land, and the upcoming villa project for this investment of INR 78 crore.

The hotel has:

- 55 Rooms.

- Clubhouse.

- Banquet.

- Cafe.

- Restaurant.

- Disco.

- Theatre.

- Villa.

- Adventure park.

- Liquor shop.

- The owned plot of 23,000 sq. yards is valued at almost INR 132 crore (at INR 60,000 per sq. yard).

- Company fixed deposits are worth INR 30 crore.

- The infrastructure is valued at about INR 28 crore.

The total value of all the assets is well over INR 156 crore but we are offering this stake at an attractive valuation for investors.

Hotel with a built-up area of 1,75,000 sq ft construction on a 23,000 sq yard plot. The upcoming project will be located on the same plot.

The property is located in Bhavnagar.

The hotel has 55 rooms and 25 more are under construction.

- Mix of own funds and bank loan.

- Pvt Ltd company with three directors,

- Had taken a bank loan of INR 35 crore out of which INR 15 crore is outstanding.

- The private limited entity is registered in Ahmedabad.