Business Overview
- This is a new venture nearing completion and we want to partner with or lease the property to an experienced person in the hospitality industry.
- It is an 18-room short-stay with studio rooms having a deck for dining and kitchen, a common party hall and plans for a gym and a swimming pool.
- The property is a family property that has been with us for 20+ years.
- Project is estimated to be complete in 2 months regardless of the investment. We are seeking an investor with experience in the hospitality sector who can manage the operations.
Products & Services Overview
Short stay for executives in the IT sector or visitors. The place has all facilities of a good hotel along with a green ambiance in a large area of 40,000 sq ft.
Capitalization Overview
Director has invested personal funds of INR 3 crore and has no loans. There are no other shareholders now it is only the promoter and his daughter.
Assets Overview
Own residential land of 40,000 sq ft and about 11,000 sq ft of built units with all amenities.
Partial Stake Sale
USD
240 thousand
for
10.0%
stake
(Native Currency: INR 20,000,000)
Reason:
We want to set up an entity that is financially strong and runs professionally. The owner doesn't ha...
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Includes physical assets worth
USD
2.4 million
In talks with 3 Investors
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