Newly Established Resort Seeking Loan in Palakkad, India
Newly established company to set up an Agri based resort in Palakad seeking business loan.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 47 thousand |
| EBITDA Margin | 30 % |
| Industries | Resorts |
| Locations | Palakkad |
| Local Time | 3:06 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
280 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 25,000,000)
Reason: The owners are seeking a loan to complete the construction of the project. They have a sister compan...
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Collateral Available: USD 335 thousand
Includes physical assets worth
USD
560 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Strategically located in Palakkad, the upcoming resort is close to famous temples and exotic picnic spots, appealing to culturally inclined tourists.
- The resort offers a unique lakefront experience with a beautifully set natural ambiance, ideal for all types of resort stays.
- Emphasizing an agricultural theme, visitors can experience live paddy fields, combining leisure with education.
- Traditional food offerings provide guests with a taste of authentic local cuisine.
- Targeting tourists from Northern India, the resort introduces them to the diverse cultural and natural beauty of Southern India.
- The resort is set to commence operations in the next 6-12 months, ensuring a swift market entry.
- Competitive pricing strategies aim to offer value-for-money experiences in the growing Palakkad resort market.
- The resort offers a unique lakefront experience with a beautifully set natural ambiance, ideal for all types of resort stays.
- Emphasizing an agricultural theme, visitors can experience live paddy fields, combining leisure with education.
- Traditional food offerings provide guests with a taste of authentic local cuisine.
- Targeting tourists from Northern India, the resort introduces them to the diverse cultural and natural beauty of Southern India.
- The resort is set to commence operations in the next 6-12 months, ensuring a swift market entry.
- Competitive pricing strategies aim to offer value-for-money experiences in the growing Palakkad resort market.
Products & Services Overview
Lakefront resort with a beautifully set natural ambiance.The resort will cater to vacation stays.
Assets Overview
Physical assets owned by the business include:- 8 acres of agricultural land worth approximately INR 4 crores.
- Agricultural machinery worth INR 1 crore.
Facilities Overview
Presently, 2,000 square feet of the construction, with an additional 10,000 square feet to be constructed. The business is registered in Coimbatore, but the resort is being in Palakkad mainly due to its scenic nature.
Capitalization Overview
No debt as of now, need funding to develop further. Two equlal directors as of now.
Recent Activity
-
Earlier than 15 daysGeneral Manager, Telecommunications, Hyderabad, Individual Investor / Buyer connected with the Business
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