Newly Established Resort Seeking Loan in Chennai, India
Planning to start a resort in Kodaikanal and looking for investment to start construction.
| Established | 0-1 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Chennai |
| Local Time | 12:29 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
157 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 15,000,000)
Reason: The funds will be used to start the construction of the resort, buy land, and purchase domes from Ch...
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Collateral Available: USD 157 thousand
Interested in connecting with advisors
Documents
GST Certificate
(107.5 KB)
Business Overview
- The business provides facility management services.
- We are looking for investment to start a resort in Kodaikanal.
- The design for the resort is ready while we are still waiting to purchase the land which has been finalized.
- The construction will start once the investment is received.
- We will have a revenue-sharing contract with the investor.
- The business has 1 owner and it is debt-free.
- We are looking for investment to start a resort in Kodaikanal.
- The design for the resort is ready while we are still waiting to purchase the land which has been finalized.
- The construction will start once the investment is received.
- We will have a revenue-sharing contract with the investor.
- The business has 1 owner and it is debt-free.
Products & Services Overview
We plan to start a resort in Kodaikanal.
Assets Overview
There are no assets in the business. Will use personal assets as collateral.
Facilities Overview
The land is finalized but not yet purchased.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, IT Services, Chennai, Corporate Investor / Buyer connected with the Business
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