Resort for Sale in Tamil Nadu, India

Resort based in Kodaikanal with area size of 92 cent expandable for more 2-3 acre.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Tamil Nadu
Local Time 1:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 850 thousand (Native Currency: INR 63,000,000)
Reason: It is a part of business activity.
Includes physical assets worth USD 750 thousand
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Business Overview

- Resort development by an experienced chartered civil engineer located in such a way that every room would have a panoramic valley view.

- Total area is 92 cent out of which 73 cent have game arena, gym, conference hall, 12 rooms and can be expanded more 50 room. We also have the provision of more 30 rooms after 50 rooms.

- Buyer enjoys 19 cent area which contains 8 rooms for which we charge Rs. 7,000 per night from our customer.

- Resort located in the prime location as Kokaikanal tourism is increasing every year.

- We are in the stage to finish the complete project by end of February.

- Buyer enjoys benefit as we have passed every Government restriction.

- We can also provide more area of 2 to 3 acre with our good contacts.

Products & Services Overview

Resort with provisions for all facilities.

Facilities Overview

Property located in 92 cents of land and it is extendable upto 3 to 5 acre property.

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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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