Hotel Assets for Sale in Bangalore, India
For Sale: 56 room hotel with restaurant, banquet hall and bar in a prime location.
| Ownership Duration | 10-20 year(s) |
| Industries | Hotels |
| Locations | Bangalore |
| Local Time | 5:12 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Asset Sale
Asking Price:
USD
2.9 million
(Native Currency: INR 250,000,000)
Reason: Owner is a builder looking to sell the property.
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Assets Description
The hotel has 56 rooms and is on an own property of 5,500 square feet. It has a reception, kitchen, banquet hall, roof garden bar and 2 restaurants. The maximum seating capacity of one restaurant is 70 members, the other restaurant is attached to garden bar and has a capacity of 100 members. The banquet hall has a capacity of 100 members. The other facilities are office space, parking and 2 elevators. It is located in a prime area near a tech park and upcoming metro station. The land is included in the sale but the bar license will have to be negotiated. The project is 80% complete.
Recent Activity
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
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Earlier than 15 daysDirector, Gas Station, Toronto, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Bangalore, Financial Consultant connected with the Business
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1 Investor contacted this Business this month.
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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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