Resort Investment Opportunity in Bir, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Resorts |
Locations | Bir |
Local Time | 12:07 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- High-altitude resort with a mix of permanent structures and geodesic domes.
- The resort is on a massive mountaintop of 7.5 karnals and has its takeoff area for paragliders.
- Invested about INR 1 crore of our funds and 70% of the construction is finished.
- 30% remaining with only fixtures and interiors to be installed. We need the investment to finish the last 30% of work.
- Restaurant.
- Rooms.
- Nature hikes.
- Adventure.
- Location.
- Paragliding takeoff location.
Tangible assets include the permanent structures worth INR 60 lakh, and five geodesic domes worth INR 10 lakh.
The resort is located on a leased mountaintop property of 7.5 karnals. The property is located near Bir Billing (the paragliding capital of India) in Himachal Pradesh and is on a long-term lease of 15 years.
However, the company's registered address as per MCA records is in Palampur, Himachal Pradesh.
- We have used a mix of INR 1 crore of the owner's own funds that consist of savings, term loan, and an overdraft facility.
- Outstanding loan of INR 15 lakh that is being repaid.
- OPC company with a single shareholder having 100% of the shares.
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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 daysProprietor, Advertising Services, Ludhiana, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Kolkata, Business Broker connected with the Business