Hotel Seeking Loan in Rajkot, India

Business operating 2 hotels in Rajkot with an occupancy rate of 90% throughout the year.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 320 thousand
EBITDA Margin
30 %
Industries
Locations
Local Time
3:11 AM Rajkot
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 10 years (Native Currency: INR 20,000,000)
Reason: For business development and to purchase another hotel property.
Collateral Available: USD 400 thousand
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Business running a chain of hotels in Rajkot that started operations in 2012.

- We have two hotels in Rajkot. Each hotel has 16 rooms.

- Each room has a TV, AC and fridge and all other physical amenities.

- The average occupancy rate is 90% throughout the year.

- On an average, we receive 1,000 bookings per month including at both the hotels.

- Our assets include land, building and furniture.

- Seeking funds to purchase another hotel property.

- Promoter has more than 7 years of experience in this business.

Products & Services Overview

Hotels having AC, Fridge and TV in each room.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    Business Analyst, Mumbai, Business Broker connected with this business
  • Earlier than 15 days
    Manager, Dubai, Financial Consultant connected with this business
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.
Contact Business
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.
You might also be interested in these businesses

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