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Newly Established Resort for Sale in Jog Falls, India

Resort for sale near Jog falls with 90% construction completed and 10k sq ft area.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Jog Falls
Local Time 1:49 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.42 million (Native Currency: INR 120,000,000)
Reason: The current owner is not able to devote time to launching and running the resort. This is an adviso... View More
Includes physical assets worth USD 1.42 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
Business Overview
- Resort construction at 90% completion on a sprawling 4-acre property with riverfront access, located just 300 meters from the renowned Jog Falls.
- Strategic positioning approximately 200 meters from the national highway enhances accessibility.
- Fully licensed resort with GST certification, ensuring compliance with regulatory standards.
- Key structures include Chowki Mane with a spacious 10,000 sqft area, boasting 12 premium furnished rooms adorned with Athangudi tiles and unique red laterite stone-designed walls.
- State-of-the-art facilities encompass a fully equipped kitchen, off-grid solar power, and advanced utilities such as the heat pump (ORB) and Grundfos pressure pump.
- Additional amenities comprise 2 glass houses, labor quarters, and a storage room.
- The expansive land spans 4 acres 26 gunta, offering a unique setting surrounded by the lush Western Ghats and alongside the scenic Sharavati River.
- Comprehensive land development features include a potential boating area convertible to a pool, meticulous landscaping, earth filling, and secure fencing.
- Equipped with a bore well supported by solar pump technology, the property also enjoys a Karnataka Electricity Board (KEB) connection with a dedicated transformer.
Products & Services Overview
Resort is located near the iconic jog falls.
Assets Overview
Assets include:
Land, building and structures among others.
Facilities Overview
The owned property spans 4 acres and 26 gunta, located near Jog Falls.
Capitalization Overview
Owned by an individual.
No loans or debts on the property.
Self funded.
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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