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Businesses For Sale   >>   India Businesses For Sale

Five Star Resort For Sale Or JV

Location  India
Asking Price Range  $20.0M - $35.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  2005
Number of Employees  35 - 49
Inventory  105 Crore's.
Relocatable  No
Number of Employees  35 - 49
Real Estate  Owned

Description  
A Beautiful Resort & Spa for sale, a pure indulgence, relaxation and privacy in absolute luxury and comfort. One of the world's most visited natural sites which is located in valley of Shimla on NH8 is for sale (approximately 20 km) before shimla. Existing resort having a large reception, restaurant, bar conference hall, Mini golf club, swimming pool, Indoor - Outdoor Games Health club & Spa facility with an accommodation of 90 rooms out of which 37 rooms are in a working. Future plans for additional development feature individually owned, two bedroom apartments, 3 / 4 bedroom Villas. Total 99 villas can be made and all the formalities regarding the approval from Government authority already received to develop the villas in a prime location. Asking price for JV 55 Crore'sS INR(USD 12,222,222.22) For outright sale 105 Crore's INR (USD 23,333,333.33).


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