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Travel & Leisure Businesses Seeking Loan in Coimbatore

Showing 1 - 1 of 1 Travel & Leisure Businesses Seeking Loan in Coimbatore. Lend to a Travel & Leisure, Hotel and Resort, Recreational Product, Casino and Gaming or a Leisure and Recreation Business.

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Hotel Seeking Loan in Coimbatore, India

Established company seeks loan for purchasing a new hotel with 60 rooms in Coimbatore.
- Company currently operates successful hotels in Coimbatore. - Seeking funds for the acquisition of a newly constructed hotel with 60 rooms. - Projected occupancy rate of 90% at all times. - The hotel features a bar and restaurant, enhancing revenue streams. - Boasts a daily revenue of approximately INR 2 lakhs. - Prime location within Coimbatore, ensuring high foot traffic. - Flexible with a mortgage of deposit (MOD) or sale deed for loan agreement. - All necessary licenses are secured for the operation of the hotel. - Land comprises 4 grounds with a build-up area of 20,000 sq. ft. - Additionally, there are 7.5 grounds of empty land available for further development or investment. - The revenue details of the company is around INR 70 lakhs per month.
Established company seeks loan for purchasing a new hotel with 60 rooms in Coimbatore.
8   Coimbatore
Run Rate Sales
USD 1 million
EBITDA Margin
40 %
Business Loan
USD 3 Mn at 14%
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