Resort for Sale in Heggadadevankote, India
For Sale: Successfully operational resort on 5-acre land adjoining Kabini backwaters, near Mysore.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 139 thousand |
| Run Rate Sales | USD 139 thousand |
| EBITDA Margin | 36 % |
| Industries | Resorts |
| Locations | Heggadadevankote |
| Local Time | 9:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
750 thousand
(Native Currency: INR 65,000,000)
Reason: To use the capital elsewhere.
Includes physical assets worth
USD
750 thousand
Interested to connect with advisors
Documents
Business Overview
- Profitable 10 years old resort on a 5-acre land adjoining Kabini backwaters & close to Nagarahole National Park.
- Have 8 AC cottages with verandahs, a dining hall, kitchen & staff quarters.
- Have safari tie-up with Tourism Department and permission for backwater boating.
- Occupancy rate is 90% during peak season and 60% in other seasons.
- Also have extra space for outdoor sports, campfire.
- 1-acre land out of 5-acre is dedicated to the plantation.
- Business is registered on multiple online booking portals such as Expedia, MakeMyTrip, Airbnb.
- Revenue was less for the past 5-6 months due to the pandemic and now it is back to normal.
- Have 8 AC cottages with verandahs, a dining hall, kitchen & staff quarters.
- Have safari tie-up with Tourism Department and permission for backwater boating.
- Occupancy rate is 90% during peak season and 60% in other seasons.
- Also have extra space for outdoor sports, campfire.
- 1-acre land out of 5-acre is dedicated to the plantation.
- Business is registered on multiple online booking portals such as Expedia, MakeMyTrip, Airbnb.
- Revenue was less for the past 5-6 months due to the pandemic and now it is back to normal.
Products & Services Overview
Cottage eco-resort on a 5-acre land with dining hall, multiple employee rooms, outdoor playground, boating, garden, safari opportunity.
Assets Overview
Land, cottages, ACs, kitchen equipment, tables, chairs, beds, lightings, sports equipment, brands, website, licenses for safari and boating.
Facilities Overview
Owned property of 5 acres adjoining Kabini backwaters and close to Nagarhole National Park.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysOwner, Education, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hospitality & Healthcare, Bangalore, Individual Investor / Buyer connected with the Business
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