Resort for Sale in Chirala, India
Beach facing resort in Chirala, with 75-80% rooms occupancy, restaurant, bar & event hosting.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 300 thousand |
| Run Rate Sales | USD 305 thousand |
| EBITDA Margin | 40 % |
| Industries | Resorts |
| Locations | Chirala |
| Local Time | 10:58 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
810 thousand
(Native Currency: INR 70,000,000)
Reason: Owner is shifting to UK.
Includes physical assets worth
USD
810 thousand
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Business Overview
- Beach-facing resort, located in Chirala, Andhra Pradesh.
- Equipped with 25 rooms which include both beach-facing villas & garden studios.
- Have additional features like a restaurant, spa, bar etc.
- There is 75% to 80% occupancy throughout the year.
- Average cost of the rooms is INR 4.5k to 5k.
- The restaurant is specialized in serving seafood dishes.
- Seating capacity is 100. Footfall is 100 per day. Average value of each order is INR 1,500.
- Additionally, we also host outdoor events and parties.
- The business has a food license and is registered under the Ministry of Tourism.
- Equipped with 25 rooms which include both beach-facing villas & garden studios.
- Have additional features like a restaurant, spa, bar etc.
- There is 75% to 80% occupancy throughout the year.
- Average cost of the rooms is INR 4.5k to 5k.
- The restaurant is specialized in serving seafood dishes.
- Seating capacity is 100. Footfall is 100 per day. Average value of each order is INR 1,500.
- Additionally, we also host outdoor events and parties.
- The business has a food license and is registered under the Ministry of Tourism.
Products & Services Overview
Beach facing resort - Has restaurant, spa, bar etc.
Assets Overview
Physical assets include own property, interiors, furniture, electronic equipment etc.
Facilities Overview
Own facility, located in Vodarevu, Chirala, Andhra Pradesh, covering an area of 1 acre.
Capitalization Overview
The business is self-funded.Have outstanding bank loans of INR 20 lakhs.
There are 2 directors for the business.
Recent Activity
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4 days, 10 hours agoDirector, Accounting Firm, Borehamwood, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysEngineer, Oil And Gas, Doha, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Real Estate Agency, Seattle, Corporate Investor / Buyer connected with the Business
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1 Buyer contacted this Business this week.
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