Resort for Sale in Mangalore, India
2.2-acre destination wedding and events resort with rooms and day-out packages in Mangalore.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 57 thousand |
| Run Rate Sales | USD 57 thousand |
| EBITDA Margin | 10 % |
| Industries | Resorts |
| Locations | Mangalore |
| Local Time | 6:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
1.7 million
(Native Currency: INR 160,000,000)
Reason: Owner plans to relocate with family to Australia for children’s education and long-term career oppor...
View More
Includes physical assets worth
USD
1.7 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Swimming Pool View
(93.6 KB)
Elevator Access
(41.6 KB)
Indoor Area for Hosting Events (1/6)
(43.8 KB)
Building at Night (3/6)
(38.6 KB)
Building at Night (6/6)
(54.8 KB)
Hotel Name at Entrance
(52.6 KB)
Extension of The Parking Area
(51.6 KB)
Udyam Registration Certificate
(298.2 KB)
Business Overview
- Resort business located in Gurupura Kaikamba, Mangalore, Karnataka, established 7 years ago and recently (in May) converted into a full-fledged resort focused on destination weddings and events.
- Revenue comes from room bookings, event and banquet rentals, and one-day outing packages with access to amenities and F&B.
- The resort employs around 6 staff members. Latest monthly sales are approximately ₹4–5 lakhs.
- The business has an outstanding loan of about ₹5.5 crores and is owned and operated by a single promoter.
- Average occupancy rate is 30-40% and the hotel is already booked 50-60% for November.
- Revenue comes from room bookings, event and banquet rentals, and one-day outing packages with access to amenities and F&B.
- The resort employs around 6 staff members. Latest monthly sales are approximately ₹4–5 lakhs.
- The business has an outstanding loan of about ₹5.5 crores and is owned and operated by a single promoter.
- Average occupancy rate is 30-40% and the hotel is already booked 50-60% for November.
Products & Services Overview
Offers resort rooms, destination wedding and event venues, and one-day outing packages with swimming pool, snooker, table tennis, foosball, badminton, and indoor-outdoor games for families, wedding parties, and corporate or social events.
Assets Overview
Tangible assets include approximately 2.2 acres of resort land; a 5-floor building with rooftop restaurant, banquet hall, poolside party venue, and open-air wedding venue; swimming pool; indoor and outdoor games infrastructure such as snooker table, table tennis, foosball, badminton court and related sports equipment; furniture and fixtures for rooms, restaurant, banquet and common areas; and other resort operational equipment.The total tangible asset value is INR 18 crore but we are offering the entire business for sale at a reduced valuation of INR 16 crore.
Intangible assets likely include the resort brand, online listings and reputation, and existing customer relationships and repeat clientele, all offered as part of the business sale.
Facilities Overview
Resort spans about 2.2 acres and includes a 5-floor building with a rooftop restaurant, banquet hall, poolside party venue, and open-air wedding venue. Facilities also include a swimming pool, indoor and outdoor games areas, and associated common areas and support spaces on the property.
Capitalization Overview
The resort is owned by a single proprietor holding 100% ownership and funded through promoter equity and a term loan of approximately ₹5.5 crores currently outstanding.
Recent Activity
-
Software Engineer, Web And Software Solutions, Moodbidri, Individual Investor / Buyer connected with the Business
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
2 Buyers contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 73,500+ other businesses of all sizes.
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
