Resort for Sale in Nainital, India
Luxurious 21-room resort in Nainital offering premium accommodations, event hosting, and scenic destination weddings.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | INR 1 - 2 crore |
| Run Rate Sales | INR 1.4 crore |
| EBITDA Margin | 30 - 40 % |
| Industries | Resorts |
| Locations | Nainital |
| Local Time | 3:25 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
INR
16 crore
(Native Currency: INR 160,000,000)
Reason: The owner wants to focus on their construction business.
Includes physical assets worth
INR
13 crore
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Business Name
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Business Overview
- Newly constructed luxurious resort located in the picturesque Kumaon foothills of Nainital, offering a panoramic view of dense forests.
- A hospitality gem comprising 21 opulent rooms, all with attached washrooms, providing premium comfort to guests.
- The resort is ideal for social gatherings and events, featuring amenities such as a swimming pool, conference hall, ample parking, and an on-site restaurant.
- Set amidst lush greenery, the property is surrounded by mountains and wildlife, with enchanting gooseberry and mango trees adding to its charm.
- Visitor attractions include hosting the perfect setting for destination weddings, enhancing its potential as a premier wedding venue.
- With an impressive occupancy rate of 80% during peak summers, the resort continues to attract an increasing number of leisure and business travelers.
- The average room rate stands at 7,000 INR, aligning with the high-end market segment expectations for luxury accommodation in the region.
- Backed by Section 143 registration, the business holds a strategic advantage in legal compliance and operational readiness.
- A hospitality gem comprising 21 opulent rooms, all with attached washrooms, providing premium comfort to guests.
- The resort is ideal for social gatherings and events, featuring amenities such as a swimming pool, conference hall, ample parking, and an on-site restaurant.
- Set amidst lush greenery, the property is surrounded by mountains and wildlife, with enchanting gooseberry and mango trees adding to its charm.
- Visitor attractions include hosting the perfect setting for destination weddings, enhancing its potential as a premier wedding venue.
- With an impressive occupancy rate of 80% during peak summers, the resort continues to attract an increasing number of leisure and business travelers.
- The average room rate stands at 7,000 INR, aligning with the high-end market segment expectations for luxury accommodation in the region.
- Backed by Section 143 registration, the business holds a strategic advantage in legal compliance and operational readiness.
Products & Services Overview
Offers high-end accommodation and event-hosting services, attracting both tourists and business travelers. With 21 rooms, a swimming pool, conference hall, ample parking, and an on-site restaurant, the resort provides premium comfort and an ideal setting for social gatherings, including destination weddings.
Assets Overview
Physical assets include the land and property which is ~60% of the asset value and the rest is furniture, fixtures and associated equipment.
Facilities Overview
Own resort property of 7 bigha, located in Bajuniya Haldu, Nainital.
Capitalization Overview
Have an outstanding loan of INR 1.60 Cr from a public bank.Sole proprietorship business.
Recent Activity
-
Earlier than 15 daysDirector, Hotel And Resort, Begusarai, 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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Earlier than 15 daysDirector, Horticulture, Richmond, Individual Investor / Buyer connected with the Business
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