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Hotel Investment Opportunity in Shimla, India

Resort chain in Himachal Pradesh seeking investments to set-up new elite resorts.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 18 thousand
Run Rate Sales USD 60 thousand
EBITDA Margin 20 %
Industries Hotels + 1 more
Locations  Shimla
Local Time 2:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 130 thousand for 30.0% stake (Native Currency: INR 10,590,000)
Reason: The group wishes to nullify liabilities & wish for further expansion. - The investor will get a sta... View More
Includes physical assets worth USD 420 thousand
Interested to connect with advisors
Documents
Business Overview

- Resort chain within Himachal Pradesh.

- The first project is a hotel in Manali, a 3-star category hotel with a scenic view of surrounding mountains bang on Naggar Road with 14 elite rooms, a garden, fire zones, an open barbeque/live kitchen, and live events, etc.

- The hotel in Shimla is a second venture & operational.

- Currently, all the hotels are leased facilities and we are committed to set-up 3 own resorts by end of next year.

- Tours & travels – under the flagship brand, we are now becoming an established player in this segment as well.

- We work on 20 travel packages and trying to increase it to 30 by the end of this year.

- With an opportunity of rate mileage due to owned & leased hotels, it will give rise to earnings at both ends.

- We are establishing our chain of resorts at Shimla, Dharamshala, Manali, Khajiyar, Chamba, Chanchal, Kalpa, Sangla, Kaza, Chitkul, and Spiti.

- For our first own project we have acquired land of 3 bighas at ODDI, Narkanda & with a loan of INR 95 lakhs from UCO Bank.

- We are looking for an investment to clear the liabilities.

Details of the first own project expected to launch by end of this year:

* One of the finest 3 sides open mountain view.

* Bang on NH-5 with 24 wooden rooms and huts.

* A small 16-seater cineplex and first destination wedding platform of Himachal.

* It is made up of Russian logs, one of the finest 3-story buildings made up of wooden logs only.

* A bouquet of flowers with mesmerizing beauty at the deodar range.

* The resorts will also have a restaurant under our brand name in Manali & Narkanda.

Products & Services Overview

- Presence in Manali, Shimla, Sangla & Kaza.

- Under construction resort in Narkanda, 90% complete.

Assets Overview

Resort with 24 rooms, log houses, mountain huts, 20 sitting capacity cineplex, an amphitheater with a capacity for 50 people, and a yoga zone of 2,000 sq ft.

Several swings and for destination weddings - elite 20 concepts of castles, library, shop, ride themes, laser & light-sound shows.

Facilities Overview

The facilities of the planned resort are as follows:

1. Own 25,000 sq ft area of land costing INR 68 lacs.

2. Built up area 11,243 sq ft.

3. Restaurant 80*20=1,600 sq ft.

4. 17 pure wood Russian pine rooms. Log house concept of Russia.

5. 4 wooden huts.

6. 5 Swiss camps.

7. 6,000 sq ft ground for a banquet hall.

8. 2,000 sq ft amphitheater.

9. 2,000 sq ft yoga zone.

10. Multiple swings.

11. Only 20% is built-up area 80% is green land.

12. Open air movie zone.

13. 40 apple trees.

14. Lush green surrounding. 3 cities are visible from the site Kullu, Jibhi, and Mandi.

Capitalization Overview
Not Disclosed
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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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