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Hotel Assets for Sale in Chandigarh, India

Chandigarh-based brand new 5-star hotel with 104 bedrooms with a parking area, restaurant, and bar.
This transaction has concluded.

Ownership Duration 5-10 year(s)
Industries Hotels
Locations  Chandigarh
Local Time 8:59 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 18 million (Native Currency: INR 1,500,000,000)
Reason: The promoter intends to focus on other businesses.
Interested to connect with advisors
Documents
Assets Description

- We are selling a brand new 5-star hotel in Chandigarh with all the necessary amenities like snack baskets, working spaces, in-room beer taps, toilet kit, and free WiFi.

- The condition of the hotel is brand new and fully operational ready.

- The project took 3 and a half years to be completed.

- We have 104 luxurious rooms with all room service and maintenance facilities.

- There are 10 to 12 elevators available in the hotel.

- We have a total of 120 bathrooms in the bedrooms, hallway, restaurant, and bar.

- We have a parking facility for 150+ cars.

- The hotel can accommodate between 300 and 400 guests and more than 120 staff members at the same time.

- The hotel built-up area is 1,50,000 sq ft.

- Currently, the hotel is the property of our company which can be sold to its new purchaser.

Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Auto Ancillary, Delhi, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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