Hotel Seeking Loan in Udaipur, India

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 90 thousand
EBITDA Margin
26 %
Industries
Locations
Local Time
10:47 PM India
Listed By
Business Owner / Director
Status
Recently Active
Overall Rating
Seeking Loan
USD 260 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 600 thousand
Includes physical assets worth USD 600 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
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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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