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Resort for Sale in Alappuzha, India

For sale: Highly profitable Lake-facing resort equipped with premium amenities with road and boating access.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 - 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 20 - 30 %
Industries Resorts
Locations  Alappuzha
Local Time 3:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.6 million (Native Currency: INR 120,000,000)
Reason: The second generation of the family is not interested in engaging in the hospitality sector as they ... View More
Includes physical assets worth USD 1.6 million
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Business Name
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Business Overview

- Lake-facing resort equipped with premium amenities, has 21 rooms, 2 restaurant areas, swimming pool, banquet hall, and ample parking space.

- Offer budget and premium rooms, the average charge for per night booking is INR 1,500 to INR 4,000 per room.

- We also have tie-ups with boating, taxi, and kayaking companies in the area, and 15% of our revenue is generated from charging commissions on successful bookings.

- We have been operating profitably even during the pandemic (post lockdown 1) and recorded the highest sales from October 2020 to February 2021 with an occupancy rate of 60% to 70%.

- Our Google rating is 4.7. We have a significant recurring customer base, with great potential to increase value-added services with minimal investments.

- It is an ideal spot tor medical and adventure tourism.

- Located right in the heart of Alleppey, which has a very large number of local and international tourist volume.

Products & Services Overview

Ayurvedic massage, budget & premium rooms, houseboat, and kayaking services.

Assets Overview

2 buildings with 13,000 sq. ft area divided into 21 budget & premium rooms (with elevator), 2 restaurant areas, swimming pool & equipment, generator set, auxiliary business assets like linen, cutlery, furniture & fittings.

Facilities Overview

60 cents land, 13,000 sq. ft. building area, 2 buildings - one with 4 floors and the other with 2 floors, ample parking facility. The land is owned by the business.

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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.
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