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Resort for Sale in Surat, India

For sale: pre-revenue company with government-leased land and approved permissions to construct a beach resort.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Surat
Local Time 11:29 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 3.14 million (Native Currency: INR 300,000,000)
Reason: The owners have other ventures to focus on.
Interested in connecting with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
Documents
Business Overview
- A pre-revenue resort business based in Surat that is currently under construction.
- It will be a beach resort that will be developed on 1,24,000 square metres of land near Surat.
- The land is leased from the government.
- The new investor will have the flexibility to construct and design the resort in any way they see fit.
- The business is registered as a private limited entity with GST registration.
Products & Services Overview
The primary offerings will be a beach resort and an amusement park. The location receives an average daily footfall of 3,000 people on working days.
Assets Overview
Tangible assets:
- Land lease.
- Private limited entity with GST.
Facilities Overview
Land is leased by the government and has an area of 1,24,000 square metres.
Capitalization Overview
The business is currently funded by 3 directors of the company and does not have any loans.
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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