Hotel Seeking Loan in Patnitop, India
Hotel business successfully operating 2 hotels, seeks funding for a new 37 rooms hotel.
This transaction has concluded.
| Established | 20-30 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 300 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hotels |
| Locations | Patnitop |
| Local Time | 11:43 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
1.4 million
for
8.99%
annual interest,
15
years
(Native Currency: INR 120,000,000)
Reason: For development of 3rd projects and working capital of other units.
Collateral Available: USD 1.8 million
Includes physical assets worth
USD
3 million
Interested to connect with advisors
Documents
Incorporation Certificate
(28.6 KB)
ROC-Verification.pdf
(59.8 KB)
Business Overview
- A 2nd generation hotelier operating own business since the last 18 years.
- Currently operating 2 hotels in Patnitop comprising of 47 and 26 rooms respectively.
- We also have another under construction hotel project in Jammu airport and seeking funds for construction. This would be a 37 rooms hotel and will be run in collaboration with a well known hospitality brand.
- Once the 3rd project is completed, we plan to convert our other 2 hotels at Patnitop into a 100 rooms hotel.
Products & Services Overview
Hotels, Food Service, Car Rentals and Tour Operator.
Facilities Overview
Total area is 2 acres owned by the company. Total built up area under development and operations for 3rd project is more than 1.00 lakh Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysCorporate Affairs - Manager, IT, Faridabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, New Delhi, Financial Advisor connected with the Business
Tags:
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