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Resort for Sale in Thrissur, India

5-star hotel and resort on 8.2 acres of land facing backwaters in Thrissur, Kerala.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 700 thousand
Run Rate Sales USD 800 thousand
EBITDA Margin 11 %
Industries Resorts
Locations  Thrissur
Local Time 11:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9 million (Native Currency: INR 770,000,000)
Reason: The partners have decided for the sale of resort.
Includes physical assets worth USD 9 million
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Business Overview

- 5-star classified hotel and resort which is 11 km away from Guruvayoor temple, Thrissur on 8.2 acres of owned land.

- Having 40-50% occupancy and receiving 15 customers per day.

- The main income is from banquets, bars, and events held at the hotel.

- The hotel includes 28 rooms, a restaurant, a bar, an open swimming pool, a parking area, a gym, and an open lawn for events & parties.

- The party area has a capacity of 2,000 people.

- We charge INR 5,000 for deluxe rooms and INR 6000 for premium rooms per night.

- Pre-bookings are made for events like destination weddings and parties of which the price ranges from INR 2.5L to 3L.

- Have all the licenses and approvals.

Products & Services Overview

The hotel has 28 rooms, a banquet hall, a restaurant, a bar, an open swimming pool, a parking area, a gym, and an open lawn for events & parties.

Assets Overview

The tangible assets include a 71,000 sq ft built-up area, 8.2 acres of land, resort, restaurant equipment, furniture, 2 houseboats, and gym equipment.

Intangible assets include the operational licenses.

Facilities Overview

The hotel is on 8.2 acres of owned land, it has a built-up area of 71,000 sq ft, is spread across 3 floors, with an open lawn, garden, houseboats, gym and swimming pool.

Capitalization Overview

- There are 82 shareholders.

- There is a bank loan of INR 21 Cr.

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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