Promising Startup Venture Raising Funds in Chittorgarh
Email
Phone
Google
LinkedIn
Facebook
Product / Service
This concept represents a startup endeavor centered around the creation of a resort in Chittorgarh, a renowned tourist destination.
The objective is to offer travelers a memorable and culturally enriched experience that seamlessly blends history, modern comforts, and luxury amenities.
Clientele type
Their clientele mainly comprises tourists who visit Chittorgarh, drawn not only by the historical significance of the fort but also by the various other tourist attractions within the city. Chittorgarh is one of the key destinations for tourists exploring Rajasthan, a state that welcomed a staggering 10.87 crore visitors in the year 2022.
Premises
They already have a land of 2 bigha in mind, that can be used for the construction, regarding the same the owner will put his investment of 3 crore. A plot of land spanning 2 bigha has been selected as the site for construction, and the owner is willing to invest ₹3 crore for the project.
Asking Price Includes
The terms of the transaction can be discussed with the potential Investors.
Reason
They require capital to initiate the resort construction and have a comprehensive project report prepared.
Other Details
They are seeking external funding of ₹8.81 crores, with the promoters contributing approximately ₹2.94 crores as their share of capital.
Anticipating a strong occupancy rate, they project more than 15 daily room bookings out of the available 21 rooms, along with a steady stream of daily villa bookings generating ₹7,000 in revenue. Additionally, they forecast approximately ₹25,000 in daily restaurant sales. Furthermore, they anticipate an additional income of ₹50,000 per day from their bar and kitchen operations.
They anticipate generating rental income of ₹60,000 from the banquet hall and ₹20,000 from the conference hall for each booking. They project a total of 50 bookings for both venues.
They are projecting a carried-forward net profit of ₹1.2 crores for the first year.
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works
