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Resort for Sale in Udaipur, India

Upcoming, promising resort project offering 20 luxurious rooms in Udaipur, seeking a buyer for takeover.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Udaipur
Local Time 10:58 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 420 thousand (Native Currency: INR 36,000,000)
Reason: Owners have another business to run and are unable to dedicate enough finances to the project.
Includes physical assets worth USD 420 thousand
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Location
Business Overview
- The resort is located in the scenic and culturally rich area of Udaipur.
- The designed development includes 20 rooms, promising luxury and comfort.
- Infrastructure is 10% complete, with fundamental structures already in place.
- Construction is on hold due to financial constraints, investor opportunities are welcome.
- The property is debt-free, enhancing its attractiveness for potential investors.
- Legal due diligence is clear, ensuring a smooth acquisition process without legal complications.
- Ideal for investors seeking to penetrate the lucrative Udaipur tourism market.
Products & Services Overview
The top-selling services at the resort would be luxury accommodations, offering premium amenities and experiences. The client base will primarily include domestic and international travelers, honeymooners, and families seeking a serene getaway in the heart of Rajasthan.
Assets Overview
The tangible assets include:
- 54,000 square feet of land worth INR 3 crores.
- Bricked compound wall with staff quarters.
The intangible assets include:
- Company name.
- Designs for the hotel project.
Facilities Overview
The 54,000 square feet of land is located in Udaipur.
The current facility includes:
- Property inside a gated compound with security.
- Access road for convenient entry and exit.
- Stunning hillside view.
- High wind velocity around the site.
- Hilltop with an elevation of 45 feet from the base level, with a motor-able approach road to the top.
- Stone-cemented boundary wall with two entry gates.
- Retaining wall on the approach road.
- Plantation underway for avenue trees and foxtail palms along the approach road and boundary.
- Two tubewell borings with a depth of 250 ft.
- 400 sq. ft. staff quarters with an RCC roof.
- 4-ft stairs (approximately 120 feet in length) leading to the hilltop, apart from the motorway.
- Sharing a boundary with the 5 BHK villa ‘Casa Sita, ’ available for stay.
Capitalization Overview
The business is owned by 2 partners.
There are no debts in the busines.
Recent Activity
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2 Buyers contacted this Business this month. Register below to connect now!
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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