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Hotel Management Business Seeking Loan in Delhi, India

Startup hotel management company looking to take 5 hotels on lease in next 8 months.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotel Management
Locations  Delhi
Local Time 10:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 360 thousand for 15.0% annual interest, 8 years (Native Currency: INR 30,000,000)
Reason: Require funding in order to take a lease on 5 hotels and manage them.
Collateral Available: USD 0
Interested to connect with advisors
Documents
Business Overview

- We are a startup hotel management company that is based in Delhi.

- Plan to take 5 hotels on lease in the next 6 to 8 months to operate under our company.

- Initially we plan to target tier 2 and tier 3 cities before moving pan India.

- We would also be providing banquet hall spaces next to our hotels which we will be leasing out.

- Our plan is to integrate our hotels onto a tech platform and digitize bookings in a convenient and efficient way.

- Promoter has over 24 years of experience working with numerous large hotels and hotel management companies.

Products & Services Overview

Hotel management services for 5 hotels on a pan India basis.

Facilities Overview

Presently work from home to reduce operating costs.

Capitalization Overview
Not Disclosed
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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