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Small Resort Investment Opportunity in Gokarna, India

Business developing studio holiday homes near beach side, looking for funds to commence construction.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 42 thousand
EBITDA Margin Nil
Industries Resorts
Locations  Gokarna
Local Time 7:18 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 290 thousand for 40.0% stake (Native Currency: INR 25,000,000)
Reason: Looking for partners to fund construction and develop the site.
Includes physical assets worth USD 730 thousand
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Business Name
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Business Overview
- Business is a construction company working to develop beach-side holiday homes.
- We have acquired 5 acres of land in Gokarna to build studio rooms and cottages.
- NA conversations & all approvals are in place. E swattu is also done.
- We plan to build around 100 homes on the land facing the beach.
- These are well-designed studio homes targeted to the elite customer base as holiday houses.
- The HQ is in Hyderabad, but the project is in Gokarna.
- Looking for partners for the development of business.
- The owner has experience of 10+ years and is successfully running another travel agency.
Products & Services Overview
Planning to develop beach-facing studio homes and cottages.
Assets Overview
Currently we only own the 3.5 acre land under this business name.
Facilities Overview
We have purchased a 5-acre land in Gokarna.
Capitalization Overview
- Bootstrapped business.
- 2 shareholders in the company.
- The company has a loan of INR 50 lacs (OD of INR 10 lacs and INR 40 lacs hand loan).
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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