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Resort for Sale in Namchi, India

Well established casino resort in Sikkim with high footfall and brand reputation for sale.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 30 %
Industries Resorts
Locations  Namchi
Local Time 8:32 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 9.8 million (Native Currency: INR 830,000,000)
Reason: Owner wants to exit hospitality business.
Includes physical assets worth USD 9.8 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Located in the thriving tourist hub of Namchi, Sikkim, the resort is positioned near major attractions like Char Dham and Temi Tea Gardens, enhancing its appeal to visitors.
- Currently the most popular hotel in Namchi, servicing a diverse clientele including leisure travelers, gaming enthusiasts, and corporate clients.
- Unique in the region, this resort & spa is the only hotel featuring a casino, presenting a rare investment opportunity in Sikkim's gaming sector.
- The resort offers comprehensive amenities across four floors, featuring over 40 elegantly designed rooms, a conference hall, spa, gym, casino, restaurant, swimming pool, and lawn area.
- The casino currently operates with gaming machines; however, the potential for expansion exists as investors can apply for a full casino license.
- The rapid growth of Sikkim's tourism is driving demand for quality hospitality and leisure facilities, creating a favorable environment for casino operations.
- With a dedicated workforce of 100 employees, the resort ensures high service standards, enhancing guest satisfaction and loyalty.
Products & Services Overview
Services:
- Hotel accommodations: 40+ rooms.
- Casino.
- Restaurant.
- Leisure and wellness: Spa, gym, swimming pool, and lawn area.
- Conference hall.
Clients:
- Leisure travelers.
- Gaming enthusiasts.
- Corporate clients.
Assets Overview
Physical assets include the land, property, furnishings and electrical fixtures.
Facilities Overview
Own property located in Purano Namchi, South Sikkim.
Capitalization Overview
The hotel is privately owned and funded partially through bank loans.
Sole proprietorship business.
Recent Activity
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2 Buyers contacted this Business this month. Register below to connect now!
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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