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Resort Investment Opportunity in Chennai, India

Beachside resort built on 70,000 Sqft land in Chennai with easy access to highway.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 177 thousand
EBITDA Margin 30 - 40 %
Industries Resorts
Locations  Chennai
Local Time 1:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 455 thousand for 25.0% stake (Native Currency: INR 40,000,000)
Reason: For building additional rooms, banquet halls and basement parking.
Includes physical assets worth USD 2.05 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
User Verification
Documents
Business Overview
- It is a beachside resort located in Kovalam, Chennai.
- Built-up area size is 14,000 sqft and it has 18 individual cottages.
- Have tie-ups with more than 6 corporate clients.
- On an average the occupancy rate would be 45% on weekdays and it would go up to 80% on weekends.
- Promoter has a hotel management background with 20 years of experience.
- Average cost of the room is INR 4,500.
- Facilities include a swimming pool, conference hall which can accommodate 60 guests, restaurant for 65 pax and a covered sit out near the beach for 100 guests.
Products & Services Overview
Beach resort with rooms, swimming pool, conference hall and a restaurant.
Assets Overview
Land, building, electrical and electronic items, furniture and fixtures.
Facilities Overview
Land of over 70,000 sqft and built up area is 14,000 sqft. Property is owned by the proprietor.
Capitalization Overview
Not Disclosed
Recent Activity
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1 Investor contacted this Business this week. 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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