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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 200 thousand
EBITDA Margin
30 - 40 %
Industries
Locations
Local Time
1:17 PM Tamil Nadu
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 600 thousand for 20.0% stake (Native Currency: INR 40,000,000)
Reason: For building additional rooms, banquet halls and basement parking.
Includes physical assets worth USD 3.2 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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 per individual 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.

Facilities Overview
Recent Activity
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Disclaimer: SMERGERS is a 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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