Newly Established Resort for Sale in Kalasa, India
Acquire a non-operational hilltop resort on 16 acres owned land with restaurant and banquet facilities.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Kalasa |
| Local Time | 1:56 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Recently Active |
Full Sale
Asking Price:
USD
5.2 million
(Native Currency: INR 450,000,000)
Reason: The promoter was unable to start operations due to time constraints.
All major structural work is c...
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Includes physical assets worth
USD
3.7 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Non-operational hilltop resort located in Kalasa, Chikmagalur, known for its stunning natural scenery and tranquil environment, making it an ideal getaway for tourists.
- The resort can offer guest accommodation and can cater to corporate retreats, providing both leisure and business travel options.
- Additional features include an infinity pool, landscaped surroundings, a restaurant and a banquet hall suitable for events.
- Currently, the property has completed major structural work and only the interior and fit-out work are pending, allowing for quick operational readiness within 6 months.
- Revenue generation will primarily come from room bookings, corporate retreats, and possible event hosting, creating diverse income streams.
- The business is approved by local authorities, ensuring compliance with construction regulations and enhancing investor confidence.
- The resort aims to attract both domestic and international tourists, tapping into the growing wellness and retreat industry in India.
- The resort can offer guest accommodation and can cater to corporate retreats, providing both leisure and business travel options.
- Additional features include an infinity pool, landscaped surroundings, a restaurant and a banquet hall suitable for events.
- Currently, the property has completed major structural work and only the interior and fit-out work are pending, allowing for quick operational readiness within 6 months.
- Revenue generation will primarily come from room bookings, corporate retreats, and possible event hosting, creating diverse income streams.
- The business is approved by local authorities, ensuring compliance with construction regulations and enhancing investor confidence.
- The resort aims to attract both domestic and international tourists, tapping into the growing wellness and retreat industry in India.
Products & Services Overview
Services such as guest accommodation and corporate retreats can be offered as part of the property's operations.
Assets Overview
Tangible assets:- Land - INR 7 crore.
- Building and infrastructure - INR 25 crore.
Facilities Overview
- Owned freehold property spanning 16 acres, with no loans and single ownership.- Total built-up area of 40,000 sq. ft. , designed for a luxury hospitality or resort setup.
- Includes 22 spacious rooms, each ranging from 400 to 600 sq. ft. , with entrance, living area, washroom, sit-out, and loft.
- Staff accommodation built for 10 to 12 members. - Restaurant facility constructed to seat 50 guests. - Additional features include an infinity pool, landscaped surroundings, and a banquet hall suitable for events.
Capitalization Overview
Freehold property with no loans, owned by a single owner.
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