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Newly Established Banquet Hall Seeking Loan in Dehradun, India

Established company seeks loan to develop world-class banquet hall in Dehradun; 60% construction complete.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Banquet Halls
Locations  Dehradun
Local Time 11:05 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.15 million for 8.5% annual interest, 10 years (Native Currency: INR 100,000,000)
Reason: We are seeking this investment to finish the construction of the banquet hall. We are offering time... View More
Collateral Available: USD 0
Includes physical assets worth USD 5.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Strategic location: Situated 2 km from the Delhi-Dehradun corridor, providing easy accessibility and increasing potential footfall.
- Unique offering: The first luxury wedding and recreational centre in Dehradun, setting a new standard in the local hospitality market.
- Diverse services: Comprehensive offerings including wedding ceremonies, a multi-cuisine restaurant, luxury accommodations, and event hosting.
- Revenue generation: we expect to be operational with at least 35% occupancy with a monthly revenue of Rs 40 lakh, showcasing strong market demand and business potential.
- Fully licensed: All necessary operational licenses have been acquired, ensuring no regulatory hurdles in commencing business. The company is registered with the MCA.
- Competitive Edge: Positioned among a growing number of hotels, providing a unique blend of services that act as a differentiator.
Products & Services Overview
Our top services will include wedding ceremonies, a multi-cuisine restaurant, luxury rooms, and event hosting.
Assets Overview
Tangible assets:
- Land - worth INR 40 crore.
- Constructed area to date - INR 10 crore.
Facilities Overview
The construction site spans 10,000 sqm, with a total covered area of approximately 52,909 sqft. Currently, 60% of the construction is complete, and we anticipate finishing the project within the next 10 months.
Capitalization Overview
The business is funded by 2 promoters with equal shareholdings.
The project is funded by PNB bank with a total outstanding debt of INR 8 crore.
Recent Activity
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant 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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