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Leisure and Recreation Company for Sale in Chennai, India

For Sale: Chennai based business operating a sports facility, cricket ground & beach resort property.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 20 %
Industries Leisure and Recreation
Locations  Chennai
Local Time 3:06 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9 million (Native Currency: INR 750,000,000)
Reason: Venturing into other business opportunities. Valuation is based on physical assets and revenue proje... View More
Includes physical assets worth USD 8 million
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Business Overview

- The sports facility is on a 3 acre leased property. Users can play cricket, badminton, swimming, football.

- We also have coaching academies for cricket and football.

- Customers can also choose to pay and play any sport at our facility. We charge on a per hour basis.

- Receive an average of 400 daily customers.

- There is also a banquet hall present on the property that has a maximum capacity of 1,000 pax. We host an average of 15 events per month such as weddings, birthdays and corporate events.

- The cricket ground is located in Chennai and we are partners with the builders.

- The ground is owned by the builders but we have taken it on lease.

- Revenue is generated through hosting matches, tournaments, renting out the stadium, and through cricket coaching.

- We have 6 beach villa houses on a company owned land of 1.8 acres. This is 10 minutes away from the sports facility. They are being run as a beach resort.

- There are a total of 21 rooms and we record an average occupancy rate of 80% throughout the year.

- Physical assets are sports equipment, setup of sports facility and cricket stadium, beach properties and furniture.

- Sale would include entire business and physical assets.

Products & Services Overview

Business operates a sports facility, cricket stadium and beach resort properties, based in Chennai.

Facilities Overview

The sports facility is leased and has an area of 3 acres. There is an office space within the property.

Cricket ground is on lease.

The beach properties are owned by the business and has a total area of 1.8 acres.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, IT, Chennai, Individual Investor / Buyer connected with the Business
  • Earlier than 15 days
    Business Development Manager, Jakarta, Business Broker connected with the Business
  • Earlier than 15 days
    Associate, Chennai, M&A Advisor connected with the 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.
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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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