Profitable Resort Seeking Loan in Mysore, India
Eco-friendly forest atmosphere man-made jungle resort spread over 10 acres of land seeks loan for further development.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 240 thousand |
| Run Rate Sales | USD 250 thousand |
| EBITDA Margin | 40 - 50 % |
| Industries | Resorts |
| Locations | Mysore |
| Local Time | 1:56 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
360 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: For the development of the resort.
Collateral Available: USD 360 thousand
Includes physical assets worth
USD
3 million
Business Overview
- It was established in 2005.
- Proprietor 12 years experience.
- Have 30 rooms in total out of which 20 rooms are air-conditioned.
- Have raised Rs. 1.5 crore of loan from Vijaya Bank.
Products & Services Overview
Multicuisine restaurant bar attached aurvedic massage parlour 10 natural ac cottages 20 ac rooms conference hall play ground swimming pool.
Facilities Overview
Around 16000 squre foot own property.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Hobby Classes, Mysore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Bangalore, Financial Advisor connected with the Business
-
Earlier than 15 daysDirector, Delhi, Financial Consultant 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.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 95,000+ other businesses of all sizes.
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.
You might also be interested in these businesses