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Resort for Sale in Lansdowne, India

For sale: Resort with 8 premium rooms and cottages with 60%+ occupant rate.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 43 thousand
Run Rate Sales USD 43 thousand
EBITDA Margin 20 %
Industries Resorts
Locations  Lansdowne
Local Time 10:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: INR 100,000,000)
Reason: The promoters no longer have the time for this business and want to focus on their main businesses.
Includes physical assets worth USD 1.2 million
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Business Name
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Documents
GST Certificate
Business Overview

- We have a well-reputed resort in Lansdowne.

- The business is leased to a group company that manages the business.

- Resort has 8 premium rooms and 8 wooden cottages.

- We also have an in-house conference hall, restaurant, swimming pool and parking.

- The business has a good occupant rate of 60%+.

- Property has an amazing view of the hill station with beautiful mountains and a wildlife sanctuary.

- Jim Corbett National Park Safari begins in front of the resort.

- The business has the GST and registration certificates.

- Promoter has 3-4 years of experience in the industry.

Products & Services Overview

Beautiful resort having 8 premium rooms and 8 premium wooden cottages with an in-house conference hall, restaurant, swimming pool and parking.

Assets Overview

The complete ownership of 16 nali land and the hotel is fully furnished.

Facilities Overview

Having 3 floors with 16 premium rooms with cottages. Already leased to a well-renowned group in hospitality and management. The business covers a space of 16 nali and the property is owned. The property is located on the outskirts of the town.

Capitalization Overview

Business is having 5 partners in a partnership firm with equal shareholding.

- Business is totally funded by the promoters without any type of liability.

- Business is debt-free.

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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