PAN India Hotel Business Raising Funds In Lucknow
About Business
The owner has been operating a hotel business across India since 2009 and currently manages a portfolio of 16 hotels nationwide. They are now planning to expand by establishing a new resort in Lucknow, which is currently under construction.
Clientele type
The resort will cater primarily to tourists and travelers.
Premises
OWNED
Premise Size: 1 acre
Market Value (in INR): 17.00 Cr
The resort is strategically located near Bakshi Ka Talab in Lucknow.
Asking Price Includes
The owner is willing to offer a 33% stake in the business.
Asking Price
INR 16.00 Cr
Minimum ticket size
INR 16.00 Cr
Reason
The owner is looking to raise funds to meet the working capital needs of the ongoing project.
More Details
At present, the owner employs 67 individuals across their hotel operations in India.
Keywords
Business Tags
₹10 to ₹200 Cr
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