Hotel Business Raising Initial Funds In Sirsi
About Business
A beachside property is planned for development into a stay-oriented hotel designed especially for the new generation, focusing on delivering high-quality service at affordable prices. The project will feature 6 cottages, each approximately 400 sq. ft., along with an on-site restaurant offering authentic regional cuisine.
Clientele type
The target customer base includes young travelers, corporate groups, and other tourists.
Premises
The hotel will be located in Gokarna, Karnataka, near Sirsi, and will operate on a 5,000 sq. ft. property with a market value of ₹40 lakhs.
Asking Price Includes
The owner is seeking a 50-50 partnership in the venture and plans to register the company as an LLP once an investor is on board.
Asking Price
INR 40.00 L
Minimum ticket size
INR 40.00 L
Reason
The owner is looking to raise funds to acquire the land and construct the hotel on it.
More Details
The owner has about one year of experience as a business analyst.
Keywords
Business Tags
₹10 to ₹200 Cr
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