Hotel Seeking Loan in Leh, India

Hotel in Leh operating since 30 years, seeks funds to upgrade to a 5 star.
This transaction has concluded.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
2:21 PM Delhi
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.4 million for 12.0% annual interest, 8.0 years (Native Currency: INR 100,000,000)
Reason: - Initially we were going for a 4 star hotel but then we decided to upgrade to 5 star standards thus... View More
Collateral Available: USD 2.2 million
Includes physical assets worth USD 2.2 million
Interested to connect with advisors
Documents
Presentation
trip advisor
Business Overview

- The hotel is ready to run if we go with a 4 star hotel, which we has initially planned. As there is no other 5 Star hotel in the area, we are planning to upgrade to a 5 star hotel.

- We are introducing Dolby theater dedicated to our customers. Heated swimming pool with counter current. 3 restaurants to choose from, 1 spa and saloon, and a gym.

- The facilities we plan to provide is not offered by other hotels in the area and we'll be the first to bring such amenities. Our marketing team has given us confidence that the hotel would be house full from the first month of operations.

- Our projected turnover while selling every room for as low as Rs. 8k will cross Rs. 11 Crore a year. We can easily cross Rs. 16 Crore a year as we can charge much higher room rent as per the market value.

- We can also provide an investor with 50% profit for 5 years instead of an interest payout. Annually the Investor would earn more than Rs. 4 Cr a year. Another option is we pay an annual fixed amount of Rs 3 Cr for 5 years, with no share in profits and no interest.

- We are flexible and all these funding options can be discussed with the Investor.

Products & Services Overview

Hotel with 1 Dolby Theater, 1 heated Swimming pool, 1 Gym, 1 Spa, 1 Bar, 3 Restaurant, and 1 Ball room.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Director, New Delhi, Financial Advisor connected with this business
  • Earlier than 15 days
    Business Development, India, Financial Advisor accepted business proposal
  • Earlier than 15 days
    Director, Mumbai, Financial Advisor accepted business proposal
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.
This transaction has concluded. Similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more