Resort for Sale in Dehradun, India
For Sale: Planned wellness spa and resort near Dehradun Airport with 20 room design.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Dehradun |
| Local Time | 8:53 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
520 thousand
(Native Currency: INR 45,000,000)
Reason: Owner wants to focus on other businesses.
Includes physical assets worth
USD
350 thousand
Interested to connect with advisors
Documents
Company Registration
(937.7 KB)
Business Overview
- We have purchased a 10,000 Sq M (13 Bigha) plot of land on a hilltop at the height of 1,100 metres.
- The property is on a 99 year lease with a 180 degree aerial view of Dehradun city and is near the Dehradun airport.
- Have developed the architectural plans to construct 20 rooms, restaurant, infinity swimming pool and wellness spa on this property.
- Project has been approved by the Uttarakhand Government and the groundwork has been done.
- We seek to sell the project as it is and the buyer would be able to complete the development on the project within a year. If necessary we can complete the development of the project on behalf of the buyer for a renegotiated price.
- Have taken all statutory clearances such as pollution and forest clearances.
- Map of the project has also been approved by the authorities and the project is eligible for subsidies up to INR 3.5 crore.
- A credit line of INR 5 crore has already been sanctioned by ICICI Bank for the project.
- We have also completed the water boring and high quality water is available.
- Have also provided pictures and architectural renderings of the project once it is complete below. The company has not generated any revenue.
- The property is on a 99 year lease with a 180 degree aerial view of Dehradun city and is near the Dehradun airport.
- Have developed the architectural plans to construct 20 rooms, restaurant, infinity swimming pool and wellness spa on this property.
- Project has been approved by the Uttarakhand Government and the groundwork has been done.
- We seek to sell the project as it is and the buyer would be able to complete the development on the project within a year. If necessary we can complete the development of the project on behalf of the buyer for a renegotiated price.
- Have taken all statutory clearances such as pollution and forest clearances.
- Map of the project has also been approved by the authorities and the project is eligible for subsidies up to INR 3.5 crore.
- A credit line of INR 5 crore has already been sanctioned by ICICI Bank for the project.
- We have also completed the water boring and high quality water is available.
- Have also provided pictures and architectural renderings of the project once it is complete below. The company has not generated any revenue.
Products & Services Overview
Plan to construct 20 rooms, restaurant, infinity swimming pool and wellness spa. There is also a plan to have an Ayurveda and naturopathy center to help people with stress and obesity management.
Assets Overview
Company will be transferred to the buyer with land, approvals and line of credit of INR 5 crore.
Facilities Overview
10,000 Sq M property on 99 year lease.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Trading - Sublimation Crystal Printing, Noida, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Hotel, Delhi, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Manufacturer And Exporter, Delhi, 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.
