Need help?

Resort Investment Opportunity in Canacona, India

Company running a chain of 6 high-end resorts with a great reputation in amazing locations.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1.08 million
Run Rate Sales USD 1.3 million
EBITDA Margin 26 %
Industries Resorts
Locations  Canacona
Local Time 1:24 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 162 thousand for 10.0% stake (Native Currency: INR 15,000,000)
Reason: We have a winning formula and would like to buy a similar sea-facing land nearby and create another ... View More
Includes physical assets worth USD 325 thousand
Interested to connect with advisors
Documents
MOA
GST Certificate
Business Overview
- Business started 8 years ago with one resort now running 6 resorts across Goa under its own brand name.
- We have a total of 84 villas and cottages with 2 swimming pools, 5 restaurants, 3 spas and private ocean-facing Jacuzzis.
- All our resorts have over 90% occupancy rate throughout the year.
- 75% of the bookings are prebooked.
- 4 resorts are located on the beach and 2 resorts are off the beach.
- Even as tourism has slowed in Goa over the last few years, we have continued to grow through great service and also through continually adapting to meet the guest's demands.
- We offer the highest level of privacy to our guests and are fortunate to enjoy a high repeat guest frequency.
- We have good guest review ratings and regular exposure in the domestic and international press.
- Registered on Tripadvisor, MakeMyTrip, Bookings. com, Goibibo.
- Have 100 permanent employees and 250 temporary staff to run the business.
- Physical assets include furniture, interiors, electronics and miscellaneous items related to the business.
Products & Services Overview
We run 6 resorts in Goa with restaurants, a swimming pool, a jacuzzi and spa.
Assets Overview
Lease agreements, furniture, kitchen equipment and website.
Facilities Overview
Our 6 resorts vary in size from a handful of cottages on beachfront to luxury villas perched on a cliffside. The average size of the resort in 2,000 sqm and all are on lease for 5-10 years. Lease can be extended further.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more

Chat with Us
Welcome to SMERGERS