Hotel Seeking Loan in Coimbatore, India
Established company seeks loan for purchasing a new hotel with 60 rooms in Coimbatore.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 930 thousand |
| Run Rate Sales | USD 980 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Coimbatore |
| Local Time | 8:16 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Seeking Loan
USD
2.9 million
for
14.0%
annual interest,
10
years
(Native Currency: INR 250,000,000)
Reason: Loan is required to fund the purchase of the new hotel. The advisor doesn't charge any upfront fee b...
View More
Collateral Available: USD 460 thousand
Includes physical assets worth
USD
4.6 million
Interested to connect with advisors
Documents
GST Certificate
(89.8 KB)
Business Overview
- Company currently operates successful hotels in Coimbatore.
- Seeking funds for the acquisition of a newly constructed hotel with 60 rooms.
- Projected occupancy rate of 90% at all times.
- The hotel features a bar and restaurant, enhancing revenue streams.
- Boasts a daily revenue of approximately INR 2 lakhs.
- Prime location within Coimbatore, ensuring high foot traffic.
- Flexible with a mortgage of deposit (MOD) or sale deed for loan agreement.
- All necessary licenses are secured for the operation of the hotel.
- Land comprises 4 grounds with a build-up area of 20,000 sq. ft.
- Additionally, there are 7.5 grounds of empty land available for further development or investment.
- The revenue details of the company is around INR 70 lakhs per month.
- Seeking funds for the acquisition of a newly constructed hotel with 60 rooms.
- Projected occupancy rate of 90% at all times.
- The hotel features a bar and restaurant, enhancing revenue streams.
- Boasts a daily revenue of approximately INR 2 lakhs.
- Prime location within Coimbatore, ensuring high foot traffic.
- Flexible with a mortgage of deposit (MOD) or sale deed for loan agreement.
- All necessary licenses are secured for the operation of the hotel.
- Land comprises 4 grounds with a build-up area of 20,000 sq. ft.
- Additionally, there are 7.5 grounds of empty land available for further development or investment.
- The revenue details of the company is around INR 70 lakhs per month.
Products & Services Overview
Company is involved in running successful hotels in Coimbatore.
Assets Overview
The company has land and buildings. The details will be provided after the introduction.All assets are illiquid.
Facilities Overview
Facility details will be provided post introduction.
Capitalization Overview
- Business is running successfully and is funded by business owners.- It does not have any loans or liabilities.
- Partnership entity.
Recent Activity
-
Earlier than 15 daysAssociate Director, IT Services, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Chennai, Accounting Firm connected with the Business
Tags:
3 Star Hotel Seeking Loan in Coimbatore, India
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·Lend to 5 Star Hotel in Coimbatore, India
·Hotel Seeking Loan in Coimbatore, India
·Motel Seeking Loan in Coimbatore, India
·Lodge Seeking Loan in Coimbatore, India
·Lend to Hotel in Coimbatore, India
·Lend to Motel in Coimbatore, India
·Lend to Lodge in Coimbatore, India
·3 Star Hotel Seeking Loan
·4 Star Hotel Seeking Loan
·5 Star Hotel Seeking Loan
·Lend to 3 Star Hotel
·Lend to 4 Star Hotel
·Lend to 5 Star Hotel
·Hotel Seeking Loan
·Motel Seeking Loan
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