Small Resort Seeking Loan in Shimla, India

Apple cultivation business is looking to set up an eco tourism campus on its 14 acre land.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 5 thousand
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
7:24 AM India
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 43 thousand for 12.0% annual interest, 6.0 years (Native Currency: INR 3,000,000)
Reason: For construction of villas, food court and adventure activities.
Collateral Available: USD 43 thousand
Includes physical assets worth USD 900 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company owns a 14 acre land with apple farms cultivated in Shimla. We are successfully running our farming business, having tie ups with fruit retailers in nearby cities.

- We have received suggestions from many tourism consultants to setup an eco-tourism campus on our property.

- Planning to setup villas and adventure activities on our land. We have permission from government authorities for 15% subsidy for this project.

- We would require funding of 1 crore INR for the entire project, and looking for investors who can fund us a minimum of 30 lakh to start the project.

Products & Services Overview

Apple farm, Eco-tourism campus with villas and adventure activities.

Facilities Overview
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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