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Resort for Sale in Horawala, India

For Sale: 4 acre resort with 50 cottages & tents good for destination marriage.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales INR 3.4 crore
Run Rate Sales INR 4.8 crore
EBITDA Margin 30 %
Industries Resorts
Locations  Horawala
Local Time 2:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: INR 28 crore (Native Currency: INR 280,000,000)
Reason: Need money for other investment.
Includes physical assets worth INR 28 crore
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Business Overview
- Operational resort with 50 cottages and ample space for events like weddings.
- Earlier leased to a hotel management company and their lease ended 2 months back. We are now managing the resort ourselves.
- The main source of revenue is weddings and events.
- Buyer gets the entire land and building of the resort. Buyer can choose to acquire the private limited company as well.
Products & Services Overview
- Destination wedding.
- Rooms.
- Events.
- Poolside.
- Jungle safari.
- Mountain climbing.
Top selling service is the renting out of space for weddings.
Assets Overview
Fully furnished resort with all amenities like gym, swimming pool, open Theatre, etc.
The 4 acres of land is worth INR 18-20 crore.
While the other assets worth INR 10 crore include the furniture, fixtures, and equipment in the resort.
Facilities Overview
The resort is located on 4 acres of owned property in Horawala near Dehradun. The resort is about 30 kilometers from the railway station towards Mussorie.
The private limited company that owns this business is registered in New Delhi.
Capitalization Overview
- No loans or debt in the name of the business or the land.
- The resort is owned and operated by a private limited company with two shareholders (husband-wife)
Recent Activity
  • Earlier than 15 days
    Individual Advisor, Gurgaon, Business Broker connected with 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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