Hotel And Resort Raising Initial Funds In Hoshiarpur
About Business
The owner is planning to establish a luxury franchise resort in Hoshiarpur, Punjab. In addition to this new venture, the owner currently operates a successful garment business specializing in customized fittings, also located in Hoshiarpur. This garment business generates an annual turnover of INR 50 lakh with a 40% profit margin and operates from a spacious 20,000 square foot showroom.
Clientele type
The target clientele for the resort will be affluent, high-end customers seeking luxury experiences.
Premises
OWNED
Premise Size: 1 acre
Market Value (in INR): 60.00 Cr
The proposed resort will be situated on a one-acre property with an estimated market value of INR 60 crore.
Asking Price Includes
The owner is willing to offer 30% equity in the business.
Asking Price
INR 25.00 Cr
Minimum ticket size
INR 20.00 Cr
Reason
The owner is looking to raise funds for the establishment and launch of the resort.
More Details
The owner presently employs 20 staff members across the existing business.
Keywords
Business Tags
₹10 to ₹200 Cr
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