Resort for Sale in Wayanad, India
Established | 10-20 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 5.9 thousand |
Run Rate Sales | USD 14 thousand |
EBITDA Margin | 30 % |
Industries | Resorts |
Locations | Wayanad |
Local Time | 7:54 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are looking to sell our 3-acre land with the luxury villa which is a well-known property in Wayanad. It is a serene and beautiful villa destination in one of the most beautiful locations in Wayanad.
- It is a single villa house with 4 bedrooms that is suitable for family outings and get-togethers. The villa comes with an independent balcony for each room and large sit-out and terraces overlooking the Western Ghats.
- Our villa is booked for around 100-150 days every year.
- Previously, we were leasing out the resort to a travel management company for INR 60,000 lease rent per month and 20% of revenue sharing. Since we have decided to sell the property, we did not renew this contract and the operations are currently managed by us.
- We promote the villa through Airbnb and other travel portals.
- The promoters want to exit as we are moving back to the US. The property has pepper, areca nut, rubber, and other plants and has a pond that is full of water round the year.
- Villa can be used as a personal getaway or can be promoted as a holiday/luxury rental. More properties can be built across the 3-acre land and we ourselves had identified 6 plots for potential expansion.
- Business entity (Pvt ltd) itself is not included in the asking price as there are 2 other resort properties that are also owned by the business.
- The promoter is also open to selling the full business entity with all 3 properties to an interested buyer.
Recently added a swimming pool.
Funded by owner from personal funds.
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Earlier than 15 daysFounder, Real Estate Agency, Seattle, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysSupply Head, Hospitality, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Partner, Kottayam, Business Broker connected with the Business