Resort for Sale in Tamil Nadu, India
For Sale: Beach resort on 12-acres of prime property with access to a private beach.
| Established | 20-30 year(s) |
| Employees | 100 - 500 |
| Legal Entity | General Partnership |
| Reported Sales | USD 2.37 million |
| Run Rate Sales | USD 2.84 million |
| EBITDA Margin | 10 % |
| Industries | Resorts |
| Locations | Tamil Nadu |
| Local Time | 8:10 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
18.4 million
(Native Currency: INR 1,550,000,000)
Reason: The owners are looking to go for another business.
The asking price is negotiable, as the market pr...
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Includes physical assets worth
USD
18.4 million
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Business Overview
- Beach resort constructed on owned land of 12 acres.
- The resort has a built-up area of 1.5 lakh sq. ft. over 70+ rooms and villas.
- Resort has tie-ups with local travel agents, travel agents based in Singapore, and OTAs as well.
- It is a good, profit-making business with a strong domestic and international client base.
- Buyer will get ownership of the resort, land, buildings, vehicles, and all other assets like furniture and licenses.
- They are one of the top players in this segment. Assured good returns for the buyer.
- This transaction is being handled by a broker based in Chennai.
- The resort has a built-up area of 1.5 lakh sq. ft. over 70+ rooms and villas.
- Resort has tie-ups with local travel agents, travel agents based in Singapore, and OTAs as well.
- It is a good, profit-making business with a strong domestic and international client base.
- Buyer will get ownership of the resort, land, buildings, vehicles, and all other assets like furniture and licenses.
- They are one of the top players in this segment. Assured good returns for the buyer.
- This transaction is being handled by a broker based in Chennai.
Products & Services Overview
Comfortable resort stay, well-stocked bar and restaurant, swimming pool, ayurvedic massage for men and women, gymnasium, and access to a private beach.
Assets Overview
12 acres of owned land, buildings, equipment, vehicles, resort furniture, and all amenities with licenses.The land and building collectively have been valued at the prevailing market price of INR 10-12 crore per acre. The physical asset value is derived from other assets like furniture and vehicles.
Facilities Overview
The resort buildings have a total built-up area of 1.5 lakh sq. ft. with 70 rooms, and 15-20 villas and suites.The entire resort complex is constructed on owned land of 12 acres.
Capitalization Overview
Not Disclosed
Recent Activity
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1 week agoAGM - Finance, Real Estate Development And Construction, Hyderabad, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
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Earlier than 15 daysMD, Delhi, Financial Consultant connected with the Business
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.
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1 Buyer contacted this Business this month.
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