Sports Facility Seeking Loan in Manali, India

- Offer camping activities at our base camp near Manali.
- The base camp is 12 km from Manali and is easily accessible to tourists.
- Have 8 bamboo huts where 48 people can be accommodated at a time.
- Offer customized packages spanning from 2 days to 10 days.
- Offer trekking activities and campsite activities on our own and have partnered with over 10 local businesses to provide adventure sports and entertainment activities.
- Have hosted over 100 batches at our campsite in the last year alone.
- Have a network of 12-15 agents who secure bookings from customers and charge us a commission of around 20% depending on the package the customer has chosen.
- Operations of the base camp have been halted since March due to the COVID pandemic and are yet to resume.
- Before the pandemic, the business generated an annual revenues of around INR 55 lakh with an operating profit margin of 23%.
- The business has reinvested all of its profits into acquiring capital assets and is seeking a loan to acquire new assets in order to drive revenue.
- Promoter has over a decade of experience in the recreation and leisure industry.