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Amusement Park Seeking Loan in Visakhapatnam, India

Business seeking funds to start a water and amusement park, hotel and a medical facility.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels and Resorts + 1 more
Locations  Visakhapatnam
Local Time 7:32 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 2 million for 44.0% stake (Native Currency: INR 160,000,000)
Reason: Speed up the process of construction and the 1st stage of operations is to be started by April 2021 ... View More
Includes physical assets worth USD 1.6 million
Interested to connect with advisors
Documents
Business Overview

- We have started constructing a water and amusement park, a hotel, and a medical facility.

- The project is located in the new upcoming administrative capital of Andhra Pradesh, Visakhapatnam district.

- The land for the project has been acquired and we have obtained required permissions from the Govt.

- In the 1st stage of the project we would construct a water park and an amusement park. In the later stages, we will construct a hotel, banquet halls and healthcare facility.

- There is a huge potential in the area we plan to construct this facility.

- Expecting more than 2 lakh visitors for a water park with an annual sales of INR 15 crore.

- The business owns land and construction permissions.

Products & Services Overview

1st stage of the project would construct Water Park, Amusement Park and Solar Car Park.

2nd stage is to construct the Budget Hotel and Banquet Halls.

3rd stage is to develop a healthcare facility with medical tourism for ayurvedic and homoeopathy.

Facilities Overview

Owned 22 acres of land with permission to build a park with 1,50,000 sqft built-up area.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Consultant, Kolkata, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Ahmedabad, 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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