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Newly Established Hotel for Sale in Osian, India

Seeking buyer for an 80% completed resort in Osian with 23-bigha owned land and building.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels + 1 more
Locations  Osian
Local Time 6:00 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.1 million (Native Currency: INR 95,000,000)
Reason: Facing manpower issues to finish the construction.
Includes physical assets worth USD 1.1 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The business is an under-construction hotel/resort located in the Osian district, Rajasthan.
- 80% of the construction has been completed and only 20% of the work is left.
- It is currently under construction and the owner's are facing financial issues due to which they have halted the construction.
- The resort features 40 rooms, gardens, banquet facilities, tents, an open lounge, and offers desert safari experiences.
- The buyer will get the entire land and all constructed buildings.
- The hotel has registered land documents and a GST certificate.
Products & Services Overview
The resort was going to provide desert safari experiences, accommodation in 40 rooms, banquet facilities, gardens, and open lounge. The target customers were domestic and foreign tourists.
Assets Overview
Tangible assets include:
- Land of 23 bigha valued at INR 20 lakh per bigha (total value of INR 4.6 crore)
- Building and other infrastructure worth INR 4.9 crore.
Facilities Overview
We have already built 35,000 sq. ft of buildings that will house 40 rooms, gardens, banquet facilities, tents, and an open lounge.
The hotel is constructed on 23 bigha of owned land.
Capitalization Overview
- Sole proprietorship with a single owner.
- Outstanding bank loan of INR 3 crore.
Recent Activity
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1 Buyer contacted this Business this month. Register below to connect now!
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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