Newly Established Commercial Land for Sale in Ahmedabad, India

For Sale: Company with plans to build a resort on a 80,000 Sq. Ft. land.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Resorts + 1 more
Locations
Local Time
2:47 AM India
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Full Sale
Asking Price: USD 420 thousand (Native Currency: INR 30,000,000)
Reason: Investing in our other business.
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We are primarily from the automation industry with 15 years of experience. We recently ventured into hospitality by constructing a resort in Ahmedabad, but were unable to complete the project.

- Have invested close to Rs. 4.5 Crore for purchasing a land of 80,000 Sq. Ft. and for branding and marketing purposes. The land is located next to a six lane highway, which ensures visibility to travelers.

- We are unable to continue investing further on construction of this resort as we have financial and management priorities in our automation business, which is one of our core and established business.

- Plans were made to construct more than 60 luxury villas, and event space to host plays, concerts, and musical nights. (On another 1,50,000 sq feet extra) Which is already purchased by company. (Not included in this sale)

- Offering the resort land, with plans of the resort, the brand and operational leads generated for this project. The buyer can continue to invest and construct the resort, or use the land for their own commercial purpose.

Products & Services Overview

Commercial land and a resort brand for sale.

Facilities Overview
Recent Activity
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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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