Hotel Investment Opportunity in Bhopal, India

Company is running a Indo-Mexican QSR and wants to set up a Hi-Rise boutique hotel.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 320 thousand
EBITDA Margin
20 - 30 %
Industries
Locations
Local Time
8:49 PM Bhopal
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 2.7 million for 49.0% stake (Native Currency: INR 200,000,000)
Reason: The investment is needed to make a 3 storey basement and civil structure along with interiors for th... View More
Includes physical assets worth USD 5.3 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
TNCP
TNCP Model
TNCP Map
PAN Card
MOA
AOA
MCA
Business Overview

- The founder of the company is a MBA graduate from Illinois, Chicago and has done Mechanical Engineering from LNCT Bhopal. After master, he worked for Sun Life, Canada till 2017 and then moved to India to start an Indo-Mexican restaurant in Bhopal. In the duration, he simultaneously started working towards getting the permission of Hi-Rise hotel and which he eventually received in 2018.

- For setting up the boutique hotel, we have already acquired the land which is located next to 10 lane NH-12 and is also close to a petrol pump. The land is mortgage free and is in the name of my mother and father.

- This project is approved by all the local and national authorities (like Town and Country Planning Department, Local Electric Board, Municipal Corporation) with the land converted to commercial use. The land is situated on key location of Hoshangabad road within limits of Municipal corporation of Bhopal and is situated on the corner of two prominent roads.

- The hotel will have 150+ rooms and a three floor basement for 200+ car parking area. Due to its prominent and convenient location it will attract more than 170 weddings per year with a revenue of almost INR 10 lakhs per wedding.

- The promoter has experience of organizing more than 100 events which includes serving 500 guest per wedding.

Products & Services Overview

- The company strives to provide an amazing overall full package Wedding Experience, Quality Dining Experience and Comfortable Accommodation.

Facilities Overview
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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