Sports Facility Seeking Loan in Pondicherry, India
Water sports business with leased land seeks funds to construct beach-view accommodation for increased revenue.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 250 thousand |
| Run Rate Sales | USD 277 thousand |
| EBITDA Margin | 40 % |
| Industries | Sports Facilities |
| Locations | Pondicherry |
| Local Time | 5:01 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
520 thousand
for
18.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: We are planning for expansion of the property. We can pay a maximum absolute interest of INR 1 crore...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
130 thousand
Interested to connect with advisors
Business Overview
- Business that offers water sports and recreational activities on Eden Beach in Pondicherry.
- The business operates from a 12-acre leased property with exponential revenue capacity holding different water fronts to project different streams of income.
- We have land and water activities already with a beach club coming up soon on the property.
- Need funds now to fuel our expansion by constructing a banquet hall and beach-view rooms on this property.
- We are a registered general partnership with a partnership deed and GST certificate.
- The business operates from a 12-acre leased property with exponential revenue capacity holding different water fronts to project different streams of income.
- We have land and water activities already with a beach club coming up soon on the property.
- Need funds now to fuel our expansion by constructing a banquet hall and beach-view rooms on this property.
- We are a registered general partnership with a partnership deed and GST certificate.
Products & Services Overview
Our top selling service is water sports and recreational activities. We plan to offer a banquet hall, and beach view rooms as well.
Assets Overview
Tangible assets include:- Equipment and infrastructure setup in the 12 acre leased land (INR 80 lakh)
- Leasehold of twenty years worth INR 50 lakh with 18 years remaining on it. (INR 45 lakh)
The business owner has an alternate land of about 2 acres that's worth INR 15 crore and they would be willing to keep about 1/3rd of the land as security for an INR 5 crore loan.
Facilities Overview
Leasehold property in Eden Beach, Pondicherry.18 years remaining on the lease. We paid an initial deposit of INR 50 lakh, and we INR 12 lakh every quarter as rent to the UT government.
Capitalization Overview
- We have invested by ourself as of date and taken no loans or debt.- The business has 2 partners.
Recent Activity
-
Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
Tags:
Sports Facility Seeking Loan in Pondicherry, India
·Sports Complex Seeking Loan in Pondicherry, India
·Sports Centre Seeking Loan in Pondicherry, India
·Lend to Sports Facility in Pondicherry, India
·Lend to Sports Complex in Pondicherry, India
·Lend to Sports Centre in Pondicherry, India
·Sports Facility Seeking Loan in Puducherry
·Sports Complex Seeking Loan in Puducherry
·Sports Centre Seeking Loan in Puducherry
·Lend to Sports Facility in Puducherry
·Lend to Sports Complex in Puducherry
·Lend to Sports Centre in Puducherry
·Sports Facility Seeking Loan
·Sports Complex Seeking Loan
·Sports Centre Seeking Loan
·Lend to Sports Facility
·Lend to Sports Complex
·Lend to Sports Centre
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
2 Investors already contacted this
Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 70,500+ other businesses of all sizes.
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