Hotel Seeking Loan in Delhi, India

Hotel business operating a chain of 4 Hotels.

This transaction has concluded.

This Business is on a Premium Plan

Established	5-10 year(s)
Employees	100 - 500
Legal Entity	Private Limited Company
Reported Sales	USD 1 million
Run Rate Sales	USD 2.4 million
EBITDA Margin	30 %
Industries	Hotels
Locations	Delhi
Local Time	8:30 AM Asia / Kolkata
Listed By	Business Owner / Director
Status	Moderately Active

7.3 / 10

Compare with industry

Seeking Loan

USD 1.2 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 500 thousand

Documents

Domain-Verification.pdf (213.2 KB)

ROC-Verification.pdf (59.8 KB)

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

All the 4 properties are on lease.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Senior Consultant, Gurgaon, Financial Consultant connected with the Business
Earlier than 15 days
Proprietor, New Delhi, Financial Advisor connected with the Business
Earlier than 15 days
Founder, Office Space, Delhi, Corporate Investor / Buyer connected with the Business

View images

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.

Frequently
Asked
Questions

Why can’t I see the business’ name or contact number? How do I contact the business?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS considers valuation attractiveness, profile completeness, activity level, feedback received from members and other additional parameters to arrive at a composite score to rate business profiles. SMERGERS compares the financial …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more