Newly Established Campground Seeking Loan in Chikmagalur, India
Farm-based camping business with tent accommodations and scenic views, seeking loan to build a restaurant.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | USD 3.4 thousand |
| EBITDA Margin | Nil |
| Industries | Restaurants + 1 more |
| Locations | Chikmagalur |
| Local Time | 6:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 2,000,000)
Reason: - We are requesting a six-month grace period and will begin repaying the loan after this period.
- ...
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Collateral Available: USD 0
Includes physical assets worth
USD
340 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The business offers farm-based camping experiences with tent accommodations and scenic views.
- Customers can stay in tents and take part in a variety of creative activities such as hiking, painting, and campfires.
- We started operations earlier this year. That’s why we don’t have previous year sales to report.
- The business currently has two permanent employees to ensure smooth day-to-day functioning.
- It is a family-owned venture and does not require registration, as it operates on our own land.
- Customers can stay in tents and take part in a variety of creative activities such as hiking, painting, and campfires.
- We started operations earlier this year. That’s why we don’t have previous year sales to report.
- The business currently has two permanent employees to ensure smooth day-to-day functioning.
- It is a family-owned venture and does not require registration, as it operates on our own land.
Products & Services Overview
Our best-selling service is a group camping experience for up to 15 people, featuring tent accommodations, farm visits, creative activity zones, and essential amenities.
Assets Overview
- Tangible assets: Owned 3.5 acres of farmland, a functional kitchen with utensils, three bathroom-washroom units, tents, and related equipment.- Intangible assets: Established client base and reputation.
Facilities Overview
The property includes 3.5 acres of farmland, a basic kitchen equipped with utensils, and three bathroom-washroom units.
Capitalization Overview
No outstanding loans or debts, funded by shareholders with no external debt.
Recent Activity
-
Earlier than 15 daysMarking Head, Real Estate Consultancy, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Accounting Firm, Borehamwood, Individual Investor / Buyer connected with the Business
Tags:
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·Newly Established Campground Seeking Loan in Chikmagalur, India
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·Newly Established Restaurant Seeking Loan in Chickmagaluru
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·Newly Established RV Park Seeking Loan in Chickmagaluru
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