Resort Investment Opportunity in Rishikesh, India
Seeking partner/investor for an under-construction 5-star resort in Rishikesh with all necessary NOCs and certificates.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 111 thousand |
| Run Rate Sales | USD 111 thousand |
| EBITDA Margin | 30 % |
| Industries | Resorts |
| Locations | Rishikesh |
| Local Time | 5:55 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
325 thousand
for
20.0%
stake
(Native Currency: INR 28,000,000)
Reason: Extension of property, purchase of land, and construction of new cottages.
Includes physical assets worth
USD
1.63 million
Interested to connect with advisors
Documents
ROC-Verification.pdf
(61.3 KB)
Business Overview
- Company is developing a 5-star resort on a 3-acre land parcel in Rishikesh.
- We have permission to develop 32 cottages along with 1 swimming pool, 1 yoga center, and a facility for adventure activities.
- Completed 75% of construction work which includes only the construction of 27 cottages.
- Rest of the 5 cottages, swimming pool, yoga center, and other facilities are yet to be completed.
- The resort is located 45 km away from Dehradun airport, and other tourist attractions like Ganga aarti point (15 km), river rafting (15 km), and Haridwar (25 km) are in close proximity.
- Resort has NOC and tourism certificates from the government.
- Have acquired NOC from Uttarakhand Forest Department, Uttarakhand Pollution Control Board, and Uttarakhand Jal Sansthan.
- We have a tourism certificate from Uttarakhand Tourism Development Board as well.
- The company was incorporated in 2013, but since then we have not started any operations.
- The registered location is Delhi at the owner's home address but we do not have any physical presence there.
- Business-owned assets include land of 3 acres with 27 constructed cottages.
- We have permission to develop 32 cottages along with 1 swimming pool, 1 yoga center, and a facility for adventure activities.
- Completed 75% of construction work which includes only the construction of 27 cottages.
- Rest of the 5 cottages, swimming pool, yoga center, and other facilities are yet to be completed.
- The resort is located 45 km away from Dehradun airport, and other tourist attractions like Ganga aarti point (15 km), river rafting (15 km), and Haridwar (25 km) are in close proximity.
- Resort has NOC and tourism certificates from the government.
- Have acquired NOC from Uttarakhand Forest Department, Uttarakhand Pollution Control Board, and Uttarakhand Jal Sansthan.
- We have a tourism certificate from Uttarakhand Tourism Development Board as well.
- The company was incorporated in 2013, but since then we have not started any operations.
- The registered location is Delhi at the owner's home address but we do not have any physical presence there.
- Business-owned assets include land of 3 acres with 27 constructed cottages.
Products & Services Overview
Under construction resort which will have cottage accommodation, swimming pool, yoga center, spas and a facility for adventure activities.
Assets Overview
3-acre land.27 villas.
Restaurant / bar / lounge.
Conference room.
Swimming pool.
Open wedding point.
Facilities Overview
Owned resort on a 3 acre land in Rishikesh. The cottages will be constructed on 1 acre land and rest 2 acres will be used for constructing swimming pool, yoga center, spas and a facility for adventure activities.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysSenior Vice President, Banking, Vadodara, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Food Supplier, Kolkata, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Textile Exporter, Panipat, Corporate Investor / Buyer connected with the Business
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