Hotel Seeking Loan in Delhi, India

Hotel business operating a chain of 4 Hotels.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2.8 million
EBITDA Margin
30 %
Industries
Locations
Local Time
10:26 PM Delhi
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.4 million for 10.0% annual interest, 7 years (Native Currency: INR 100,000,000)
Reason: Company secured a 7,000 sq. m. land on lease near Baga Beach. Planning to construct 90 rooms hotel. ... View More
Collateral Available: USD 0
Includes physical assets worth USD 560 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company operating a hotel business, that started operations in 2017.

- We have a chain of 4 hotels in Goa, Manali and Mussoorie.

- 2 hotels in Baga and Calangute, Goa having 36 rooms each with a yearly occupancy rate of 80%, 1 hotel in Manali having 30 rooms with a yearly occupancy rate of 70% and 1 hotel in Mussoorie having 30 rooms with a yearly occupancy rate of 55%.

- Hotels have AC rooms, pool, restaurant, bar, spa and ample car parking.

- All properties are on lease.

- Revenue has increased as 2 of the hotels were opened this year.

- We will be setting up these hotels in Delhi, Nainital, Goa, Mumbai, Sikkim, Darjeeling and Kerala.

Products & Services Overview

Business operating a chain of hotels across India.

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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