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Resort Investment Opportunity in Mysore, India

Construction company looking to start and operate a resort with 10 to 12 cottages in Mysore.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 190 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 20 %
Industries Resorts
Locations  Mysore
Local Time 9:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.2 million for 49.0% stake (Native Currency: INR 100,000,000)
Reason: Require funding to buy land and start construction of the resort.
Documents
Business Overview

- We are a construction company that is based in Mysore and looking to start a resort.

- The area is located near an IT hub and is in the middle of a lot of greenery and park area.

- The property size is about 3 acres and we would build 10 to 12 cottages on it.

- The cottages are expected to get approximately INR 10,000 to 15,000 per day.

- We have completed one project so far that has been sold to OYO rooms for INR 1.58 Crore.

- The current property is expected to generate INR 3.6 crore annually.

- It will include various facilities like a multi cuisine restaurant, play area and bar.

- Promoter has over 10 years of experience in the construction and hospital industry.

Products & Services Overview

Resort, marriage hall, restaurant and bar, rooms.

Facilities Overview

Looking to buy 3 acres of land.

Capitalization Overview
Not Disclosed
Recent Activity
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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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