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Hotel Seeking Loan in Gulmarg, India

Partnership operating a hotel and resort on owned land seeks business loan to expand facilities.

Established 30-40 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 30 - 40 %
Industries Hotels + 1 more
Locations  Gulmarg
Local Time 1:14 AM GMT
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.16 million for 15.0% annual interest, 10 years (Native Currency: INR 100,000,000)
Reason: The loan is being sought by the partnership firm that owns and operates the hotel and resort. The f... View More
Collateral Available: USD 1.16 million
Includes physical assets worth USD 5.8 million
Interested to connect with advisors
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Business Name
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Business Overview
50 year-old firm operating a Four hotels.
- The hotels located in in different locations Mostly in Gulmarg.
- Gulmarg is amongst the top tourist destination in Kashmir.
- Hotels have 25 plus Rooms with different categories and more 100 Rooms with Four Star facilities Will be added Soon.
- Also registered with MakeMyTrip, Trip Advisor, and Goibibo, Agoda, Booking. com for online bookings.
- We provide free WiFi, meals, cleaning, and other amenities.
Products & Services Overview
Top services include:
Night stay.
Tour packages.
Event Management.
Luxury Weekends.
Honeymoon Packages.
Holiday Packages.
Family Packages.
Wedding Ceremony.
Assets Overview
The Company has owns land and structures as well. The rest will be discussed after Introduction.
Facilities Overview
Two hotels are running on lease currently and one upcoming one is sole proprietor structure. Fourth is our business partner.
Capitalization Overview
Business is Running successfully and is funded by business owner.
It doesn’t have any loans or liabilities.
All Hotels are Sole proprietorship.
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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