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Resort Investment Opportunity in Chikmagalur, India

Luxury resort in the process of being completed within a month.
This transaction has concluded.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Chikmagalur
Local Time 3:19 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 240 thousand for 20.0% stake (Native Currency: INR 20,000,000)
Reason: Require funding in order to complete construction and start operations.
Includes physical assets worth USD 700 thousand
Documents
Business Overview

- We are currently building a luxury resort in Chikmagalur which will be ready within a month.

- The resort is being built in Chikmagalur and the company has been registered in Bangalore.

- There are 6 cottages that are currently being built. We have approval for 20 more cottages.

- Have gotten full approval for building a resort on the land and land conversion has been done.

- Other facilities at the resort would include a multi-cuisine restaurant, swimming pool, spa and private waterfall.

- We are working with a consultant to set up this resort who has more than 15 years of experience.

- Company's physical assets include buildings, furniture, equipment and decor.

Products & Services Overview

Luxury resort having 6 cottages with a swimming pool, restaurant, spa and waterfall.

Facilities Overview

15,000 Sq Ft property that is in the promoter's name which has been leased to the company for 30 years.

Capitalization Overview
Not Disclosed
Recent Activity
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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.

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