Hotel Investment Opportunity in Shimla, India
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 |
- 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.
- Presence in Manali, Shimla, Sangla & Kaza.
- Under construction resort in Narkanda, 90% complete.
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.
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.
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Earlier than 15 daysSupply Head, Hospitality, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Insurance, Singapore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Tour And Travel Agency, Manali, Individual Investor / Buyer connected with the Business