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Convention Center for Sale in Delhi, India

Acquisition opportunity of a 4 Star Hotel-Banquet-Highway Food Court located in Delhi-Murthal-Panipat Highway.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 30 - 40 %
Industries Hotels + 1 more
Locations  Delhi + 1 more
Local Time 1:09 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 7 million (Native Currency: INR 580,000,000)
Reason: Owners retiring / Have limited hospitality experience.
Includes physical assets worth USD 7 million
Interested to connect with advisors
Business Overview

- Brand new property with huge highway food business potential and along with city based banqueting needs and accommodations business.

- Located near Delhi - Murthal - Panipat Highway.

- It is a luxurious destination for Marriages and Pre & Post wedding functions like engagements, sagan, mehandi, bachelor’s party, Reception, anniversary, etc.

- Property offers 72 spacious and well-appointed rooms (27 operational at the moment) and suites offering all luxuries facilities, three distinctive dining and nightlife destinations, one of the largest convention and meeting facilities in Panipat.

- Possibility of increasing the business up to Rs. 1.5CR to 2CR per month with strong hospitality marketing focus.

Products & Services Overview

Its a five-star facility Hotel, with beautiful interiors and architecture.

Facilities Overview

Land Area: 4 Acre approx. (CLU done)

Built up Area: 1,70,000 Sq Ft approx.

Staff: 150+

Bar Licence is applied for (should get soon)

Total Keys: 72 (27 keys including suits accommodation is ready and operational at first floor, second floor 27 keys and swimming pool about 80% ready and then third floor structure ready.

Ownership: Private Limited Company – Transferable (no stamp duty applicable)

Have won best structure of the year award in some forum / conference.

Luxury Washrooms at all levels.

Grand reception / Lobby, Swimming Pool with Spa & large open area (to be developed), Large banquet facilities, Open lawn, Excellent highway visibility.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Dubai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Co-founder, Singapore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, New Delhi, M&A Advisor connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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