Hotel Seeking Loan in Jorhat, India
3-star hotel with strong corporate ties, 30 rooms and huge potential for growth.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 82 thousand |
| Run Rate Sales | USD 82 thousand |
| EBITDA Margin | 10 % |
| Industries | Hotels |
| Locations | Jorhat |
| Local Time | 9:03 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
3.5 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 300,000)
Reason: We need these funds for our working capital requirements at the moment. We are ready to dilute only ...
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Collateral Available: USD 4.7 thousand
Includes physical assets worth
USD
470 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
ROC-Verification.pdf
(65.9 KB)
Business Overview
- We are a 3-star hotel with strong connections with established corporates such as Bharti Group and Berger Paints India.
- The promoter has a solid background with over 15 years of experience in teaching and more than 6 years in business administration.
- The hotel currently offers 30 rooms and experiences an average occupancy rate of approximately 30-35%, indicating potential for growth in this area.
- In addition to accommodation, the business also offers large conference halls, diversifying its revenue streams beyond just room bookings.
- The business has a focus on catering to various types of travelers, including corporate, families, and other types of guests, potentially widening its customer base.
- We have about 25 contract employees who run the operations of the hotel.
- We have all the required registrations to function with.
- The promoter has a solid background with over 15 years of experience in teaching and more than 6 years in business administration.
- The hotel currently offers 30 rooms and experiences an average occupancy rate of approximately 30-35%, indicating potential for growth in this area.
- In addition to accommodation, the business also offers large conference halls, diversifying its revenue streams beyond just room bookings.
- The business has a focus on catering to various types of travelers, including corporate, families, and other types of guests, potentially widening its customer base.
- We have about 25 contract employees who run the operations of the hotel.
- We have all the required registrations to function with.
Products & Services Overview
We are a three star hotel catering to many corporate as well as families and other sorts of travelers.
Assets Overview
Tangible assets include-: The land owned by the business and the other furniture and fixtures owned by the business.
Facilities Overview
We have 5 floors at the hotel, with a restaurant/ cafe and conference hall. The total area is about 8,000 square feet and the land is owned by the business.
Capitalization Overview
Self Funded. 4 directors with an equal stake. Partners have a holding company and there are no loans on the business at the moment.
Recent Activity
-
Earlier than 15 daysCraftsman, Door Manufacturer, Balasore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Biotechnology, Binghamton, Corporate Investor / Buyer connected with the Business
Tags:
3 Star Hotel Seeking Loan in Jorhat, India
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·Lend to 3 Star Hotel
·Lend to 4 Star Hotel
·Lend to 5 Star Hotel
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