Upcoming Mini Resort Raising Funds In Gangtok
About Business
The founder owns a piece of land of ~3500 sq ft. They are planning to launch a mini resort with 10 rooms(expandable to 20), a spa, a restaurant, a swimming pool, and a bar.
They have invested INR 1.5 cr in acquiring the land and also plan to invest INR 1 cr more to develop the hotel.
The blueprint for the hotel is ready; they have been filing GST for 4 years, and they have also formed a company.
The founder is a BE in computer science and has been in NCR for more than 15 years. They have worked in Siemens, Tulip, and Cisco; they have also served as national head for one of the leading MNCs, and they were business head for East India Company.
Clientele type
The hotel will mainly cater to tourists and travellers.
Premises
OWNED
Premise Size: 3500 sqft
Market Value (in INR): 1.50 Cr
Land 70 feet on the roadside by 50 feet highway property
Asking Price Includes
The terms of the transaction will be discussed with potential investors.
Asking Price
INR 2.50 Cr
Minimum ticket size
INR 2.50 Cr
Reason
They are raising funds to construct and launch the hotel.
Licenses
Firm License, Trade License, GSTIN
More Details
Sole Proprietor with land on highway for a mini resort with swimming pool, spa room, bar & restaurant with 20-21 rooms
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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