Resort for Sale in Munnar, India
For sale: Resort with 15 independent luxury cottages and a restaurant in Munnar, Kerala.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 54 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Munnar |
| Local Time | 1:42 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
3.35 million
(Native Currency: INR 300,000,000)
Reason: The owners are relocating to another city.
Includes physical assets worth
USD
3.35 million
Interested to connect with advisors
Business Overview
- 3 years old luxury resort located in Munnar, Kerala.
- The resort has 15 suite villa cottages, each cottage has double occupancy.
- Currently, the business has been shut for the last 3 months as Munnar is in lockdown and we have seen a drop in our revenue. The average occupancy rate was 75% when the operations were ongoing.
- The average charges per night are INR 12,000 to INR 14,000.
- The resort features a beautiful view of nature.
- The resort has 15 suite villa cottages, each cottage has double occupancy.
- Currently, the business has been shut for the last 3 months as Munnar is in lockdown and we have seen a drop in our revenue. The average occupancy rate was 75% when the operations were ongoing.
- The average charges per night are INR 12,000 to INR 14,000.
- The resort features a beautiful view of nature.
Products & Services Overview
Luxury resort with all premium amenities and a restaurant inside.
Assets Overview
4 acres land with the entire built up area.
Facilities Overview
Total area of the resort is 4 acres with 15 independent luxury cottages each covering an area of 340 sq. ft. The land is owned by the business.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysMD, Kochi, Business Broker connected with the Business
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Earlier than 15 daysManaging Director, HR And Immigration Services, Coimbatore, Individual Investor / Buyer connected with the Business
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