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Newly Established Resort Investment Opportunity in Chikmagalur, India

Resorts chain seeking investment for a new 30-room resort in Chikkamagaluru.

Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Chikmagalur
Local Time 7:10 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Partial Stake Sale
USD 117 thousand for 20.0% stake (Native Currency: INR 10,000,000)
Reason: Funds are intended to support construction on the new resort property. Stake will be given only in ... View More
Includes physical assets worth USD 530 thousand
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Business Name
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Business Overview
Business with two operational resorts in India seeking a partial investment to fund the construction of a new resort.
4 acre land has been purchased in Chikkamagaluru. Staring construction in 2 months and the property will have 30 rooms.
Company has a running resort in Bangalore that spans 22 acres, has 44 rooms, and maintains an 80% occupancy rate, generating Rs. 2.75 crore in monthly sales. It offers amenities including 11 swimming pools, a restaurant, a banquet hall, and 50 activities such as horse riding and zip lining.
The funds are intended to support construction on the new resort property.
Business is in the process of acquiring the required licenses and registrations for the new project.
Products & Services Overview
Resort will offer accommodations, swimming pools, restaurant, a banquet hall, and various activities for guests.
Assets Overview
Main asset in a 4 acre land.
Facilities Overview
Own 4 acre property in Chikkamagaluru. Plan to develop 30 rooms.
Capitalization Overview
Ownership lies with two co-founders through separate LLPs.
No loans or liabilities.
Recent Activity
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2 Investors 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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