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Hotel Assets for Rent in Bangalore, India

For Rent: 4 star hotel in Domlur, Bangalore with twelve rooms and corporate clients.
This transaction has concluded.

Ownership Duration 10-20 year(s)
Industries Hotels
Locations  Bangalore
Local Time 8:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Monthly Rent
Asking Price: USD 7 thousand (Native Currency: INR 600,000)
Reason: The hotel is profitable and established but the owner wishes to exit the hotel industry due to perso... View More
Interested to connect with advisors
Documents
Assets Description

- We are a 4-star hotel located in close proximity to various commercial hubs of Bangalore.

- The hotel has two types of rooms namely semi-luxury and luxury.

- These are all non-smoking rooms equipped with air-conditioners and access to various amenities such as free internet access.

- The hotel has a restaurant with a fully equipped commercial kitchen and seating for 25 individuals.

- Built-up area of 15,000 sq. ft. with a 2-storey building.

- Was doing an ARR of INR 3500 at 85% occupancy before the pandemic.

- The land and building are personal assets under the name of the owner.

- We have a stilt parking which has enough space to accommodate the vehicles of our guests.

- Hotel is signed up with all major online travel agents such as Booking. com, Make My Trip and etc.

- Salaries of the staff and operational expenses are not included in the lease amount.

- We are not willing to sell the hotel and only wish to lease it.

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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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