Resort for Sale in Karnataka, India
For Sale: Homestay in a picturesque location in Karnataka with 5 independent rooms.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 42 thousand |
| Run Rate Sales | USD 53 thousand |
| EBITDA Margin | 30 % |
| Industries | Resorts |
| Locations | Karnataka |
| Local Time | 8:30 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
560 thousand
(Native Currency: INR 50,000,000)
Reason: We are looking at selling the venture since we are planning to relocate ourselves. There is great po...
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Includes physical assets worth
USD
560 thousand
Documents
Homestay Approval
(96.5 KB)
Award from Travel Guide Book Publisher
(86.8 KB)
Karnataka Government Award
(52.3 KB)
Homestay Approval
(96.5 KB)
Business Overview
- We run a well known homestay that has won numerous awards.
- The entire property is a 4.8 acre coffee plantation with the homestay built on 6,000 Sq Ft of it.
- Homestay has 5 rooms with modern attached washrooms as well as an extra room.
- On a general basis we have a 60% to 70% occupancy rate. However, we are currently temporarily closed down and will open once the global situation stabilizes.
- Have won best home-stay awards from a well known travel guide book publisher as well as the state tourism department.
- We have also been receiving certificate of excellence regularly from Tripadvisor.
- Associated with all major travel portal websites like Trivago and Tripadvisor.
- Guests either approach us directly or book through online travel portals.
- Buyer would receive the entire business along with the full land of 4.8 acres, the buildings and furniture.
- Buyer can continue to operate the coffee plantation for supplemental income to the business.
- The entire property is a 4.8 acre coffee plantation with the homestay built on 6,000 Sq Ft of it.
- Homestay has 5 rooms with modern attached washrooms as well as an extra room.
- On a general basis we have a 60% to 70% occupancy rate. However, we are currently temporarily closed down and will open once the global situation stabilizes.
- Have won best home-stay awards from a well known travel guide book publisher as well as the state tourism department.
- We have also been receiving certificate of excellence regularly from Tripadvisor.
- Associated with all major travel portal websites like Trivago and Tripadvisor.
- Guests either approach us directly or book through online travel portals.
- Buyer would receive the entire business along with the full land of 4.8 acres, the buildings and furniture.
- Buyer can continue to operate the coffee plantation for supplemental income to the business.
Products & Services Overview
Homestay with 5 rooms for guests. It has attached modern washrooms, large sitting and dining area, store, laundry room, staff quarters and garage for 4 cars.
Facilities Overview
Entire coffee plantation is 4.8 acres and the house is built on 6,000 Sq Ft. All the documents and licenses are in place. Though there is direct electric supply from government, we also have an inverter and generator as additional electricity backup and a submersible pump next to a stream in the estate that pumps water into 4 water storage drums.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysInvestment Advisor, Deep Tech Startups, IT Staffing And Pre Seed Accelerator, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Delhi, Financial Consultant connected with the Business
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Earlier than 15 daysAdditional Director, Education, Faridabad, Corporate Investor / Buyer connected with the Business
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