Newly Established Guest House Investment Opportunity in Srinagar, India
Investment opportunity in Srinagar for a 19-room Guest house and a 40-room 3-star hotel.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels + 1 more |
| Locations | Srinagar |
| Local Time | 7:17 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
470 thousand
for
35.0%
stake
(Native Currency: INR 40,000,000)
Reason: We are seeking investment to start the operations of our business and run it successfully. We have u...
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Includes physical assets worth
USD
1.06 million
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Business Overview
We are a hospitality business that currently owns and operates a serviced apartment that is being rented out on Airbnb.
We are seeking investments for 2 of our properties in Srinagar that are 200 meters apart from each other. Our goal is to convert the properties into a guest house and a 3-star hotel with a restaurant and swimming pool.
The guest house is expected to start its operations during the 3rd quarter of this year.
Our hotel is expected to start its operations in 2 years' time.
Stake will be offered in these 2 projects alone.
We have close ties with agents in Kashmir who can bring in a reliable customer base for our business.
Our prior experience in the hospitality sector equips us with the necessary skills to successfully run our new projects.
We are seeking investments for 2 of our properties in Srinagar that are 200 meters apart from each other. Our goal is to convert the properties into a guest house and a 3-star hotel with a restaurant and swimming pool.
The guest house is expected to start its operations during the 3rd quarter of this year.
Our hotel is expected to start its operations in 2 years' time.
Stake will be offered in these 2 projects alone.
We have close ties with agents in Kashmir who can bring in a reliable customer base for our business.
Our prior experience in the hospitality sector equips us with the necessary skills to successfully run our new projects.
Products & Services Overview
We are planning to start.- A guest house with 19 rooms.
- A 3-star hotel with 40 rooms with a swimming pool and restaurant.
Assets Overview
- A land of 9,000 Sq Ft land with a value of Rs 5 Crore.- Property under construction on 2,400 sq ft area of land and a built-up area of 7,500 sq ft with a total value of 4 Crore.
Facilities Overview
The Guest house has a total land area of 2,400 Sq ft and a built-up area of 7,500 Sq ft with construction of 3 floors completed. The total number of rooms planned is 19.Our other property is land with an area of 9,000 sq ft with the plan of building a 3-star hotel in the area. The hotel will have a total of 40 rooms spanning across 4 floors. Other amenities like a swimming pool and restaurant will also be included.
Capitalization Overview
The business is currently self-funded and has no debts or liabilities. Ownership is split between brothers in the family.
Recent Activity
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Earlier than 15 daysDoctor, Hospital, Siwan, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHR Coordinator, Infrastructure And Real Estate, Hyderabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Delhi, Business Broker connected with the Business
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