6.8 / 10
 Patnitop

Hotel business successfully operating 2 hotels, seeks funding for a new 37 rooms hotel.

Key Business Facts
Yearly Sales USD 300 thousand
EBIDTA Margin 30 - 40 %
Industries Hotels
Locations  Patnitop
Business Overview
- A 2nd generation hotelier operating own business since the last 18 years.
- Currently operating 2 hotels in Patnitop comprising of 47 and 26 rooms respectively.
- We also have another under construction hotel project in Jammu airport and seeking funds for construction. This would be a 37 rooms hotel and will be run in collaboration with a well known hospitality brand.
- Once the 3rd project is completed, we plan to convert our other 2 hotels at Patnitop into a 100 rooms hotel.
Products & Services Overview
Hotels, Food Service, Car Rentals and Tour Operator.
Seeking Loan
USD 1.4 million for 8.99% annual interest, 15 years (Native Currency: INR 120,000,000)
Reason: For development of 3rd projects and working capital of other units.
Collateral Available: USD 1.8 million
Includes physical assets worth USD 3 million
Interested to connect with advisors
In talks with 3 Investors
Contact Business