Ready To Launch 3 Star Hotel Raising Funds In Tiruvannamalai
About Business
Star Category: 3 Star
Total Rooms: 56
Revenue Sources: Room revenue, F&B, Corporate bookings
Inhouse Facilities: Restaurant, Parking, Conference room, Banquet hall
Room Category Breakdown: Suites, Executive Rooms, Presidential Rooms
Avg Room Rate: 4, 000
The owner is raising funds to launch the hotel.
The family has more than 30 years of experience in the industry.
Clientele type
They will cater to tourists, travelers, leisure travelers, and families.
Premises
OWNED
Premise Size: 14,200 sq ft
Market Value (in INR): 55.00 Cr
The total constructed area is 40,500 sq ft.
What’s on offer
They are open to offering 30% equity in the business.
Asking Price
INR 6.00 Cr
Minimum ticket size
INR 2.00 Cr
Reason
Working capital requirements
Set up / complete a facility
Licences
Trade Licence (Municipal), Fire Safety NOC, Shops & Establishment, FSSAI Licence
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience