Need help?

Resort for Sale in Kovalam, India

Upscale resort with 9 premium rooms, restaurant and treatment facilities featuring 60-80% peak occupancy.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 170 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 30 - 40 %
Industries Resorts
Locations  Kovalam
Local Time 7:17 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.37 million (Native Currency: INR 120,000,000)
Reason: 2 of the directors are looking to retire. We are open to a full sale or the sale of partial stake de... View More
Includes physical assets worth USD 690 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Prime Location: Situated on a cliff in Kovalam, the resort offers stunning views of the Arabian Sea, enhancing the guest experience with its unique rustic design and exceptional hospitality.
- Comprehensive Facilities: The resort includes 9 guest rooms, a restaurant with kitchen, a reception area, storage rooms, and a therapy center featuring 3 therapy rooms with en-suite bathrooms, 2 showers, and a steam bath.
- Sustainable Features: The property is equipped with solar hot water panels and an infinity swimming pool with a pool and sundeck area, demonstrating a commitment to sustainability and luxury.
- Expansion Ready: The building is structurally designed to allow for an additional level of guest rooms, pending necessary authorizations, offering potential for future growth.
- High Occupancy Rates: Boasting a 60-80% occupancy rate during the peak season from October to March, reflecting a strong demand and popularity.
- Strong Customer Relations: The resort enjoys a robust international customer base and partnerships with international agencies, alongside excellent repeat business and highly rated customer reviews.
- Exclusive Offerings: Besides being a hotel, the property also serves as a resort, treatment center, and restaurant, offering a diverse range of services to cater to different guest needs.
- Registered as a Pvt Ltd firm ensuring compliance.
Products & Services Overview
Nestled on Cliff overlooking the Arabian sea with an exceptional view with a rustic design and excellent hospitality.
The property boasts 9 well-appointed bedrooms, each designed to maximize comfort and the beauty of the surroundings.
Assets Overview
Land of 40 cents, 10k sq ft built property, and all the furnishings.
Brand name, Pvt ltd entity, and leasehold for nearby land of cents.
Facilities Overview
Own 40 cents of land in Kovalam. The total built-up area is 10,000 sq ft. We have also taken a 10-cent land nearby on a lease (used as a yoga area) and we pay a monthly rent of INR 1 lakh.
Registered office address is in Trivandrum.
Capitalization Overview
Fully funded by shareholders.
No loans/debts.
3 directors, 5 shareholders, and the majority shareholder has a 52% stake in the business.
Recent Activity
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.
Contact Business
6 Buyers already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more