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Resort for Sale in Munroe Island, India

Riverfront resort in Kerala, with cottages, a 32-seater restaurant, a lake, a swimming pool, and more.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 111 thousand
Run Rate Sales USD 111 thousand
EBITDA Margin 40 %
Industries Resorts
Locations  Munroe Island
Local Time 12:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.5 million (Native Currency: INR 130,000,000)
Reason: The owner wants to venture into other businesses.
Includes physical assets worth USD 1.5 million
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Business Name
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Business License
Business Overview
- Riverfront resort located in Munroe Island, Kerala.
- A hot tourist destination, with the river on one side and main road facing the front.
- Facilities available are 12 rooms, out of which, 5 are 2-bed room cottages with dining space, and the other 6 are single-bedroom wooden and honeymoon cottages.
- The rooms have an occupancy of 60 to 70% throughout the year.
- Has a 32-seat restaurant, serving local seafood cuisine and we also serve fresh seafood and fish caught from the river. There is also a riverside dining available.
- Additionally, there is a lake, dormitory, swimming pool, massage place, an auditorium and 250 coconut trees.
- We also conduct events and the location has a good scope for organizing destination weddings.
Products & Services Overview
Resort with single-bedroom and double-bedroom cottages, 32-seating restaurant, lake, dormitory, swimming pool, massage place and an auditorium.
Assets Overview
Physical assets include the land, property, interiors, exteriors, furniture and electrical equipment.
Facilities Overview
Total land area is 3.34 acres land and 11,000 sq ft is the constructed area, waterfront and on main roadside, located in Perungalam, Munroe Island.
Capitalization Overview
Business is self-funded.
No loans, no debts.
100% ownership by the promoter.
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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