Ahmedabad Based End-To-End Hospitality Group Seeking Capital for New Lifestyle Club Project
About Business
An established hospitality group is seeking investment for its upcoming project into lifestyle club and resort venue, catering to destination weddings and corporate events near Ahmedabad.
*The profitable company started in July 2013. They provide outdoor catering (destination weddings) and multi-cuisine restaurants. They run a lifestyle resort & a club with 2 leased properties: a) Resort (Ahmedabad): 10,000+ sq yard, 40 rooms, banquet hall, 3 party lawns, 2 restaurants, swimming pool and other gaming activities b) Family Club (Nalsarovar): 26,000 sq yard, lifestyle amenities catering to 300+ members. Its outdoor catering has served 500+ weddings in the past 4 years.
* There are 3 Promoters with total experience of 70 years. They have a team of 120 people (12-second line management, 35 service staff, 6 decoration, 34 kitchen, housekeeping, reception, and admin, etc)
*The new club will have 100+ rooms, 4 banquet halls, 4 party lawns for corporate events, sports activities, weddings. - Constructed area of 3+ lakh sq ft in making.
*Experience-based architectural design with eco-friendly practices in making. One stop solution for venue, decoration, catering, and other event experiences.
*Agreement to purchase 50,000 sq yard of land has been done and part- payment done. Seeking investment of up to INR 15 Cr for the remaining land belt.
Reason
Expansion
Keywords
Business Tags
₹10 to ₹200 Cr
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