Resort Investment Opportunity in Maharashtra, India
Resort business that is surrounded by nature and has received 100% occupancy rate during weekends.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 70 - 80 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 40 % |
| Industries | Resorts |
| Locations | Maharashtra |
| Local Time | 10:57 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
110 thousand
for
20.0%
stake
(Native Currency: INR 9,500,000)
Reason: To acquire the new 33,000 Sq. Ft. land and build 10 more tents, and for future expansion to other ci...
View More
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
Documents
Business Overview
- Our idea is to revolutionize the concept of luxury stay.
- We provide luxury cottage tents in the lap of nature in secluded areas where guests can connect with nature and experience nature related activities during their stay unlike regular 5-star hotel stay.
- The property is surrounded by greenery and nature.
- Started with 10 tents in, we are now looking to add 10 more within the same property.
- We offer barbecues, campfire, treks, camping, bird sighting, star watching, yoga and many other activities.
- Have a multi-cuisine restaurant open 24x7.
- Even though tourism has slowed down during the pandemic, our concept attracted tourists during all the weekends of October’20 to February'20.
- We have recorded 100% occupancy on weekends & 75% on weekdays.
- Currently business is not operational due to the lockdown in Maharashtra.
- Before lockdown, we were generating Rs. 10 lakhs per month.
- 400+ Google reviews, 1,800+ Facebook page likes and served more that 1,000+ guest in one year.
- Registered on Tripadvisor, Booking. com, Airbnb and Thrillophilia.
- Interestingly, average per night rate of tent booked was around Rs. 8,400, which is equal to and even more than the five star hotels in the same city.
- Looking to expand in states of Maharashtra, Gujarat and Karnataka in the near future.
- We provide luxury cottage tents in the lap of nature in secluded areas where guests can connect with nature and experience nature related activities during their stay unlike regular 5-star hotel stay.
- The property is surrounded by greenery and nature.
- Started with 10 tents in, we are now looking to add 10 more within the same property.
- We offer barbecues, campfire, treks, camping, bird sighting, star watching, yoga and many other activities.
- Have a multi-cuisine restaurant open 24x7.
- Even though tourism has slowed down during the pandemic, our concept attracted tourists during all the weekends of October’20 to February'20.
- We have recorded 100% occupancy on weekends & 75% on weekdays.
- Currently business is not operational due to the lockdown in Maharashtra.
- Before lockdown, we were generating Rs. 10 lakhs per month.
- 400+ Google reviews, 1,800+ Facebook page likes and served more that 1,000+ guest in one year.
- Registered on Tripadvisor, Booking. com, Airbnb and Thrillophilia.
- Interestingly, average per night rate of tent booked was around Rs. 8,400, which is equal to and even more than the five star hotels in the same city.
- Looking to expand in states of Maharashtra, Gujarat and Karnataka in the near future.
Products & Services Overview
Resort business that is surrounded by nature, and has - barbecues, campfire, treks, camping, bird sighting, star watching, yoga and many other activities.
Assets Overview
23,000 Sq. Ft. land, 10 tents with AC, beds furniture and toilets.
Facilities Overview
Land is company owned and has an area of 23,000 Sq. Ft. with waterfall facing tents built on a wooden elevated structure. Tent living space is 250 Sq. Ft. per tent.We are also planning on acquiring a 33,000 Sq. Ft. land to build 10 more tents. This land is located right next to our current property.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSenior Executive, Technology, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Software Consulting & Automation, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFinance Director, Fabric Manufacturer, Nashik, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
