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Resort for Sale in Wayanad, India

For sale: 40-cottage long leased resort in Wayanad.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 163 thousand
EBITDA Margin 30 %
Industries Resorts
Locations  Wayanad
Local Time 1:46 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.3 million (Native Currency: INR 290,000,000)
Reason: Promoters wanted to focus on other business.
Includes physical assets worth USD 3.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Long leased resort which fetches monthly rental returns.
- 40 cottages and all related public area.
- The resort is a 4.5-hour drive away from Bangalore.
- Resort started operations recently only.
- Resort is located in Wayanad but the business is registered in Kochi.
Products & Services Overview
The resort is long leased. Revenue will be the monthly rentals. An aesthetically designed plantation resort set on western Ghats. Started with 40 cottages and all facilities such as gym, restaurant, swimming pool, kitchen, recreation area, and conference hall.
Assets Overview
The buyer would get all land, 40 cottages, furniture, conference hall set up, kitchen appliances, kitchen equipment, the restaurant set up, and all fixtures.
Facilities Overview
The resort is leased to a hotel group.
The revenue is the monthly rental income.
Capitalization Overview
- Funded by Directors of the private limited company. The company have two full time directors.
The Shareholding pattern is 70:30.
Recent Activity
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18 Buyers already contacted this Business. 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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