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
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 570 thousand
EBITDA Margin 20 %
Industries Leisure and Recreation
Locations  Chennai
Local Time 12:54 PM Chennai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 10 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 9 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
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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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