Need help?

Serviced Apartment Seeking Loan in Port Blair, India

Havelock Island based pioneering hostel and serviced apartment with 2 rooms seeks funds to expand.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 8 - 9 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 30 - 40 %
Industries Serviced Apartments
Locations  Port Blair
Local Time 3:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 117 thousand for 10.0% annual interest, 10 years (Native Currency: INR 10,000,000)
Reason: - The plan is to expand the number of rooms by 7 and implement a management structure. - Completion... View More
Collateral Available: USD 117 thousand
Includes physical assets worth USD 94 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Currently have 2 rooms in the facility.
- Accommodations cater to varied preferences, including cozy bunk beds, value-packed 2 for 1 rooms and comfortable private room. Guests consistently appreciate these options, especially given our prime location.
- Serving an average of 3 clients daily, we see heightened demand during the December peak season when the island comes alive with tourists.
- A top choice for visitors, our property is perfectly positioned near the island’s main tourist attractions, offering unparalleled convenience and accessibility.
- Fully certified with an official Establishment Certificate, we ensure our guests a secure, reliable, and professional stay experience.
- Nestled on the picturesque Havelock Island, our property is surrounded by stunning beaches, offering breathtaking views and the serene charm of nature.
- Whether one is here to explore the underwater world, unwind by the beach, or simply immerse yourself in the island's beauty, our location and facilities make us the ideal choice.
Products & Services Overview
Recognized as the pioneering hostel and serviced apartment in the Islands, we provide a distinctive and affordable stay designed to meet the needs of travelers and divers.
Assets Overview
The structure (build by the company), furniture, fittings and equipment.
Facilities Overview
- Built-up area of 168 square meters, privately owned by one of the founders, situated on Havelock Island.
Capitalization Overview
Self funded business.
No loans or debts.
2 shareholders.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
7 Investors viewed this Business this month. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more