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Hotel Seeking Loan in Udaipur, India

Hotel business in Udaipur with 23 rooms seeks funds to clear the business loan.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 26 %
Industries Hotels
Locations  Udaipur
Local Time 8:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 240 thousand for 13.0% annual interest, 20 years (Native Currency: INR 20,000,000)
Reason: Need funds for business restructuring and to clear the old business loan.
Collateral Available: USD 540 thousand
Includes physical assets worth USD 540 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- 30-year old hotel business in Udaipur.

- Hotel has 23 rooms, a swimming pool, restaurant.

- The hotel has a 57-58% occupancy rate throughout the year.

- On average we receive 15 bookings per day.

- Business is registered on online booking platforms such as Makemytrip, Goibibo, Oyo.

- Business owns land, building, furniture, website and miscellaneous items related to the business.

Products & Services Overview

A luxurious architectural hotel with 23 rooms, a swimming pool, restaurant.

Facilities Overview

Owned 4,000 sq ft property with 5 floors. Hotel has 23 rooms, a swimming pool, restaurant.

Capitalization Overview
Not Disclosed
Recent Activity
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2 Investors viewed this Business this month.
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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.
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