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Resort for Sale in Karnataka, India

For Sale: Homestay in a picturesque location in Karnataka with 5 independent rooms.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 30 %
Industries Resorts
Locations  Karnataka
Local Time 5:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 700 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... View More
Includes physical assets worth USD 700 thousand
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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.

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.

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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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