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Banquet Halls for Sale in Morjim

Showing 1 - 1 of 1 Banquet Halls for Sale in Morjim. Buy a Banquet Hall, Marriage Hall, Kalyana Mandapam, Convention Center or a Wedding Venue. Listed by Direct Business Owners & Business Brokers.
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Banquet Hall for Sale in Morjim, India

Boutique hotel in Morjim, with 24 stylish-rooms, high occupancy and modern-amenities, located near the airport.
A charming 24-room boutique hotel in Morjim, Goa, perfect for tourists and short-stay visitors. - Features stylish accommodations including single and double occupancy options, attracting about 500 guests monthly with an 8.8 out of 10 rating from customers on booking. com and 4.5 on google reviews with close to 400 reviews. - Enjoys high occupancy rates, especially peaking at 80% or more from December to March and regularly has 30% to 40% occupancy. - Guests can relax in amenities like a swimming pool, gym, restaurant and bar, coffee shop, kids play area, and a banquet hall. - Located just walking distance kilometres from the beach and set on a spacious 964 sqm plot with 6-meter road access just 25km from Mopa Airport. - Actively partnered with online travel agencies, charter companies like (Minar, Tci, concord, & caper) and travel agents for bookings, social media, as well as gaining many repeat customers. to whom a 20% commission is paid. - Notably tied up with pharma companies for events and parties accommodating up to 100 guests. -Due to the ongoing war and disturbances, sales have dipped slightly. It’s currently the off-season, so the drop is expected, but once the season kicks in, the business should see strong revenue again. - Generated impressive revenues of INR 1.2 crore in just 4 months in beginning 4 years ago in absence of a restaurant as well, INR 2.6 Cr 3 years ago, INR 2.3Cr revenue previous year and projected to continue strong growth.
Boutique hotel in Morjim, with 24 stylish-rooms, high occupancy and modern-amenities, located near the airport.
7.8   Morjim
Run Rate Sales
USD 150 thousand
EBITDA Margin
30 - 40 %
Business for Sale
USD 3.15 Mn
Contact Business
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Banquet Hall for Sale in Morjim, India

Boutique hotel in Morjim, with 24 stylish-rooms, high occupancy and modern-amenities, located near the airport.
A charming 24-room boutique hotel in Morjim, Goa, perfect for tourists and short-stay visitors. - Features stylish accommodations including single and double occupancy options, attracting about 500 guests monthly with an 8.8 out of 10 rating from customers on booking. com and 4.5 on google reviews with close to 400 reviews. - Enjoys high occupancy rates, especially peaking at 80% or more from December to March and regularly has 30% to 40% occupancy. - Guests can relax in amenities like a swimming pool, gym, restaurant and bar, coffee shop, kids play area, and a banquet hall. - Located just walking distance kilometres from the beach and set on a spacious 964 sqm plot with 6-meter road access just 25km from Mopa Airport. - Actively partnered with online travel agencies, charter companies like (Minar, Tci, concord, & caper) and travel agents for bookings, social media, as well as gaining many repeat customers. to whom a 20% commission is paid. - Notably tied up with pharma companies for events and parties accommodating up to 100 guests. -Due to the ongoing war and disturbances, sales have dipped slightly. It’s currently the off-season, so the drop is expected, but once the season kicks in, the business should see strong revenue again. - Generated impressive revenues of INR 1.2 crore in just 4 months in beginning 4 years ago in absence of a restaurant as well, INR 2.6 Cr 3 years ago, INR 2.3Cr revenue previous year and projected to continue strong growth.
Boutique hotel in Morjim, with 24 stylish-rooms, high occupancy and modern-amenities, located near the airport.
7.8   Morjim
Run Rate Sales
USD 150 thousand
EBITDA Margin
30 - 40 %
Business for Sale
USD 3.15 Mn
Contact Business
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