Hotel Management Company Seeking Loan in Gurgaon, India
Hotel management business currently managing 25 hotels, with 18 more hotels to be added by next year.
| Established | 10-20 year(s) |
| Employees | 1000 - 5000 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 11.7 million |
| Run Rate Sales | Nil |
| EBITDA Margin | 25 % |
| Industries | Hotel Management |
| Locations | Gurgaon |
| Local Time | 4:13 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Seeking Loan
USD
234 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: To pay salaries and for working capital.
Collateral Available: USD 0
Interested to connect with advisors
Documents
ROC-Verification.pdf
(61.0 KB)
Business Overview
- A hotel management business based in Gurgaon.
- Business currently manages 25 hotels and will be managing another 18 hotels that will begin operations within a year.
- Majority of the hotels are located in India, while there are hotels being managed in Sri Lanka, Nepal, Saudi Arabia, Nigeria and Morocco.
- The business provides complete management of the hotels. Right from hiring to everyday management of the hotel.
- The minimum contract period with hotels is 5 years.
- Due to covid-19 and none of the hotels being operational, the business has not been generating revenue.
- Business currently manages 25 hotels and will be managing another 18 hotels that will begin operations within a year.
- Majority of the hotels are located in India, while there are hotels being managed in Sri Lanka, Nepal, Saudi Arabia, Nigeria and Morocco.
- The business provides complete management of the hotels. Right from hiring to everyday management of the hotel.
- The minimum contract period with hotels is 5 years.
- Due to covid-19 and none of the hotels being operational, the business has not been generating revenue.
Products & Services Overview
Complete hotel management services, hiring, running day to day operations.
Facilities Overview
Have a rented office of 1,850 Sq. Ft. in Gurgaon.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business
-
Earlier than 15 daysVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Real Estate Consultancy, Gurgaon, Corporate Investor / Buyer connected with the Business
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