Hotel Seeking Loan in Coimbatore, India

Established company seeks loan for purchasing a new hotel with 60 rooms in Coimbatore.

This Business is on a Premium Plan

Room photo of the hotel we intend to purchase

Established	1-5 year(s)
Employees	10 - 50
Legal Entity	General Partnership
Reported Sales	USD 1 million
Run Rate Sales	USD 1 million
EBITDA Margin	40 %
Industries	Hotels
Locations	Coimbatore
Local Time	2:20 PM Asia / Kolkata
Listed By	Advisor / Business Broker
Status	Active

8 / 10

Compare with industry

Seeking Loan

USD 3 million for 14.0% annual interest, 10 years (Native Currency: INR 250,000,000)

Reason: Loan is required to fund the purchase of the new hotel. The advisor doesn't charge any upfront fee b... View More

Collateral Available: USD 500 thousand

Includes physical assets worth USD 5 million

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Not disclosed

User Verification

Documents

GST Certificate (89.8 KB)

Business Overview

- 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.

Products & Services Overview

Company is involved in running successful hotels in Coimbatore.

Assets Overview

The company has land and buildings. The details will be provided after the introduction.

All assets are illiquid.

Facilities Overview

Facility details will be provided post introduction.

Capitalization Overview

- Business is running successfully and is funded by business owners.

- It does not have any loans or liabilities.

- Partnership entity.

Recent Activity

3 days, 3 hours ago
Relationship Manager, RBL Bank, Chennai, Bank connected with the Business
2 weeks ago
Owner, Kolkata, Financial Consultant connected with the Business
Earlier than 15 days
Director, Construction And Architectural Designing, Delhi, Corporate Investor / Buyer connected with the Business

View images

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

1 Investor contacted this Business this week.
Register below to connect now!

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?

All business profiles on SMERGERS are displayed on a “no name” basis to protect the confidentiality of the business. You can register as an investor, acquirer, lender or advisor on …read more
What level of due diligence does SMERGERS conduct on the businesses/member?

SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
How active are the business profiles listed on SMERGERS?

We regularly filter out businesses which are inactive or have already closed a transaction. Typically, if the business is actively looking to sell/raise capital, the status is shown in green.
How does SMERGERS rate business profiles?

SMERGERS considers valuation attractiveness, profile completeness, activity level, feedback received from members and other additional parameters to arrive at a composite score to rate business profiles. SMERGERS compares the financial …read more
Do I need to pay to connect with a business?

The first two introductions are free, post that you will need to subscribe to one of our member plans. There are no other charges if you close a transaction. We …read more

Hotel Seeking Loan in Coimbatore, India

3 Star Hotel Seeking Loan in Coimbatore, India

4 Star Hotel Seeking Loan in Coimbatore, India

5 Star Hotel Seeking Loan in Coimbatore, India

Lend to 3 Star Hotel in Coimbatore, India

Lend to 4 Star Hotel in Coimbatore, India

Lend to 5 Star Hotel in Coimbatore, India