Hotel Seeking Loan in Indore, India
Profitable hotel business with 2 branches seeks a loan to start 3rd branch.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 106 thousand |
| Run Rate Sales | USD 120 thousand |
| EBITDA Margin | 25 % |
| Industries | Hotels |
| Locations | Indore |
| Local Time | 12:53 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
33.5 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 3,000,000)
Reason: We want to start a 3rd hotel branch in Indore. We will be reinvesting our profits and require additi...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
45 thousand
Interested to connect with advisors
Business Overview
1. We are running 2 hotels in Indore and planning for the 3rd project.
2. We have a good customer volume and a 60% occupancy rate.
3. We receive bookings from online platforms like OYO, MMT, and Goibibo.
5. We receive 30 customer visits per day.
4. We have a cloud kitchen, rooftop kitchen, and banquet hall available.
6. From cloud kitchen and restaurant we make 20% - 30% of our sales.
7. Seeking investment or loan up to INR 30 lakhs for our upcoming branch.
8. We have already booked a place in Indore near Rajeev Gandhi Square. The monthly rent is INR 4 lakh and the security deposit is INR 20 lakh.
9. The upcoming hotel has 18 rooms.
2. We have a good customer volume and a 60% occupancy rate.
3. We receive bookings from online platforms like OYO, MMT, and Goibibo.
5. We receive 30 customer visits per day.
4. We have a cloud kitchen, rooftop kitchen, and banquet hall available.
6. From cloud kitchen and restaurant we make 20% - 30% of our sales.
7. Seeking investment or loan up to INR 30 lakhs for our upcoming branch.
8. We have already booked a place in Indore near Rajeev Gandhi Square. The monthly rent is INR 4 lakh and the security deposit is INR 20 lakh.
9. The upcoming hotel has 18 rooms.
Products & Services Overview
1. 2 hotels with a total of 42 rooms in Indore.2. Cloud kitchen.
3. Restaurant cafe.
4. Banquet hall.
Assets Overview
The business has furniture and all the hotel equipment is installed.
Facilities Overview
1. The facility's built-up area is 2,800 sqft on the ground floor.2. Both hotels are on lease.
3. One hotel is situated at Lig Link Road and has 3 floors, 28 rooms, a cloud kitchen and a rooftop for guests.
4. Another property has 14 rooms and a rooftop restaurant in it.
Capitalization Overview
The business is funded by the sole owner and one of the owner's relatives has invested around INR 4 lakh at a monthly return of 3% around. We do not have any debts in the current business.
Recent Activity
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Earlier than 15 daysAssistant Manager, Pharmaceuticals, Indore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Property Consultant, Indore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
Tags:
3 Star Hotel Seeking Loan in Indore, India
·4 Star Hotel Seeking Loan in Indore, India
·5 Star Hotel Seeking Loan in Indore, India
·Lend to 3 Star Hotel in Indore, India
·Lend to 4 Star Hotel in Indore, India
·Lend to 5 Star Hotel in Indore, India
·Hotel Seeking Loan in Indore, India
·Motel Seeking Loan in Indore, India
·Lodge Seeking Loan in Indore, India
·Lend to Hotel in Indore, India
·Lend to Motel in Indore, India
·Lend to Lodge in Indore, 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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