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Resort for Sale in Mumbai, India

For sale: Resort that has 2 swimming pools and is known for hosting school picnics.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Resorts
Locations  Mumbai
Local Time 7:04 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: INR 200,000,000)
Reason: The promoter is retiring. The valuation is based on the land owned by the business.
Includes physical assets worth USD 2.2 million
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Business Overview

- We are a resort located 45 kms away from Mumbai.

- Our resort has 15 rooms that can accommodate 2 people out of which 7 are air-conditioned, the resort is built across 3 buildings on 1,28,000 sq. ft. of land.

- The resort has various amenities like 2 swimming pools, a conference room, a restaurant, water slides, and kids play area for children.

- Our charges per night range between INR 1,800 to INR 2,000 per person and our occupancy rate is 25% to 30%.

- We were not operational last year due to the pandemic and we started our operations this year.

- Also host school picnics in our resorts and we have catered to more than 40,000 students for school picnics and minimum of 50,000 adults in groups per year on an average for picnics and weekend stay.

Products & Services Overview

Resort with various amenities like 2 swimming pools, a conference room, a restaurant, water slides and kids play area for children.

Assets Overview

1,28,000 sq. ft. of land and the entire set-up with all the amenities of the resort.

Facilities Overview

The resort is built across 3 building on1,28,000 sq. ft. land. The land is owned by the business.

Capitalization Overview
Not Disclosed
Recent Activity
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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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