Resort for Sale in Madurai, India
Hill-view resort in Madurai that has strong demand with 70% occupancy, offering unique cultural experience.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 256 thousand |
| Run Rate Sales | USD 267 thousand |
| EBITDA Margin | 11 % |
| Industries | Resorts |
| Locations | Madurai |
| Local Time | 7:31 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
3.45 million
(Native Currency: INR 310,000,000)
Reason: The promoter is selling the business due to a lack of funds.
Includes physical assets worth
USD
3.45 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Prime location: The resort is strategically situated in Madurai, offering stunning hill-view vistas and proximity to nature, making it an attractive destination for tourists and nature lovers.
- Unique architectural design: The property showcases traditional Tamil architecture, enhancing its aesthetic appeal and providing guests with an authentic cultural experience.
- Diverse accommodations: Currently, the resort features 14 spacious operational rooms, with an additional 15 rooms and a health spa under construction, allowing for future growth and increased guest capacity.
- Strong occupancy rate: The resort boasts a commendable 70% occupancy rate, attracting between 120 to 150 customers monthly, indicating a solid demand for its lodging services.
- Amenities for guests: The resort offers a range of amenities, including hill-view restaurants and a swimming pool, which enhance the guest experience and encourage longer stays.
- Employee commitment: The resort is supported by a dedicated team of 25 employees, ensuring high-quality service and guest satisfaction through personalized attention and hospitality.
- Comprehensive licensing: The business is fully compliant with regulatory requirements, holding essential certifications including FSSAI, fire and safety licenses, and GST registration, ensuring operational credibility and safety for guests.
- Unique architectural design: The property showcases traditional Tamil architecture, enhancing its aesthetic appeal and providing guests with an authentic cultural experience.
- Diverse accommodations: Currently, the resort features 14 spacious operational rooms, with an additional 15 rooms and a health spa under construction, allowing for future growth and increased guest capacity.
- Strong occupancy rate: The resort boasts a commendable 70% occupancy rate, attracting between 120 to 150 customers monthly, indicating a solid demand for its lodging services.
- Amenities for guests: The resort offers a range of amenities, including hill-view restaurants and a swimming pool, which enhance the guest experience and encourage longer stays.
- Employee commitment: The resort is supported by a dedicated team of 25 employees, ensuring high-quality service and guest satisfaction through personalized attention and hospitality.
- Comprehensive licensing: The business is fully compliant with regulatory requirements, holding essential certifications including FSSAI, fire and safety licenses, and GST registration, ensuring operational credibility and safety for guests.
Products & Services Overview
The business is a hill-view resort at the heart of nature. The business's top-selling service is the lodging it provides.
Assets Overview
Tangible assets: land worth INR 13 crore and the building structures worth INR 18 crore.
Facilities Overview
The resort is built on owned land with an area of 7.5 acres and has a total built-up area of 75,000 sqft. Located in Madurai, Tamil Nadu.Key highlights:
- 14 separate cottages.
- Restaurant and swimming pool.
- 2 party halls.
- An orchestra hall.
- Security sheds.
- 15 rooms (75% complete) and a health spa (50% complete) are under construction and are almost ready for operations.
Capitalization Overview
The business has no loans and has 2 partners with equal shares.
Recent Activity
-
1 week agoIndependent Advisor, Trichy, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysCEO, Rubber Bearing Manufacturer, Tyler, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
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Contact Business
1 Buyer contacted this Business this month.
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