Newly Established Convention Center Investment Opportunity in Bokaro Steel City, India

Company operating a hotel in Bokaro and currently working on a brand new project.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 170 thousand
EBITDA Margin
20 %
Industries
Hotels + 2 more
Local Time
8:09 AM Kolkata
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 300 thousand for 25.0% stake (Native Currency: INR 20,000,000)
Reason: For construction and working capital.
Includes physical assets worth USD 900 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- A company that is in the hotel business, currently operating a hotel in Bokaro, Jharkand.

- The hotel has 18 rooms available and a banquet hall.

- We are registered on multiple booking platforms such as GoIbibo, Trivago and MakeMyTrip.

- We have an average of 20% occupancy rate per month.

- Our company is working on a new project. A land of 2 acres has been purchased for this purpose.

- Within this land, we plan to build 4 buildings that will house - a convention center, 4 star hotel, hotel management institute and a club.

- All 4 buildings and their operations will be handled by our company.

- Construction is still in works and we expect to open the convention center and hotel management institute by 2019.

Products & Services Overview

Hotel, convention center, clubhouse, hotel management institute.

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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