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Luxury Hotel for Sale in Alappuzha, India

Five star hotel project at Cherthala, Kerala with 8.75 acres of land and 99 rooms.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Luxury Hotels
Locations  Alappuzha
Local Time 5:03 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 21.5 million (Native Currency: INR 1,800,000,000)
Reason: Owner is relocating. This is an advisor-listed profile and the advisor does not charge the buyer any... View More
Includes physical assets worth USD 21.5 million
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Business Overview
- Five-star hotel project in Kerala, Cherthala.
- 6.25 acres of land for the hotel project, additional 2.5 acres for staff quarters.
- Located in Cherthala with amenities like swimming pool, golf, tennis, lawn, and a floating restaurant with international design.
- Total of 99 rooms.
- Currently not operational as it is under construction.
- Obtained necessary licenses and approvals for construction, including from the Department of Tourism for a five-star category resort, building permit, NOC from Fire & Safety Department, Pollution Control Board Clearance, Clearance from Coastal Zone Regulatory Authority, and electricity and water connections.
- Facilities include 99 keys at the main building, two conference halls, one banquet hall with a pre-function area, two outdoor party areas accommodating 1000 people, a full-fledged bar and restaurant, poolside bar, coffee shop, Ayurveda, Western and Oriental Spa, fully equipped gym and health club, a 5 lakh liters beach pool, a separate area for kids, a mini-golf course court, giant chess, lawn tennis, facilities for boating and fishing, and a library.
Products & Services Overview
Five star hotel project at Kerala Cherthala with 8.75 acres of land and semi-constructed building.
Assets Overview
Assets include: 6.25 acres of land additional 2.5 acres for staff quarters with semi constructed building.
Facilities Overview
1,50,000 sq ft on the banks of Vembanadu lake, Chertala.
.
Capitalization Overview
INR 36 crore term loan outstanding.
Pvt ltd company with 2 shareholders.
The split is 99-1.
Recent Activity
  • Earlier than 15 days
    Founder & CEO, Delhi, Business Broker connected with the Business
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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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