Well-Established Resort looking for Investment in Gujarat
About Business
The well laid out Resort was started in the year 2011. The resort is built on 3 acres of land with an additional space of 10 acres of land. The resort has 43 rooms, swimming pool, spa, hotel complex, organic farm, animal husbandry, yoga center, restaurant in an area 4000 Sq ft along with a cafe, health club with a fitness arena, clubhouse, and children’s play area. The resort has around 60+ professional staff. Last year's turnover was INR 2.51 Cr The Investment required is INR 5 Cr in return of 20% equity to expand the room capacity to efficiently manage growing demand. This destination is emerging as one of top destinations in Gujarat for a short trip. Currently, 70% booking is done offline and 30% are done online via makemytrip etc... The land market pricing is aprx 1 Cr per Acre. The investment will help to set of some debt (aprx 2 Cr) and apply for the fresh debt (to avail the subsidy in interest repayment).
Reason
For Expansion
Keywords
Business Tags
₹10 Cr to ₹200 Cr
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