Hotel Equity Stake For Sale in Pollachi, India
Pollachi based hotel business operating one hotel and seeking funds to open up one more.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 500 - 600 thousand |
| Run Rate Sales | USD 680 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Hotels |
| Locations | Pollachi |
| Local Time | 3:08 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Partial Stake Sale
USD
1.86 million
for
50.0%
stake
(Native Currency: INR 165,000,000)
Reason: For renovating the hospital building into a 3 star hotel. Business is valued based on physical asset...
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Includes physical assets worth
USD
3.7 million
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Business Name
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User Verification
Documents
Company
(274.8 KB)
Owner's Profile
(618.6 KB)
Project
(549.5 KB)
Existing Hotel
(70.8 KB)
ROC Certificate
(668.4 KB)
ROC-Verification.pdf
(61.5 KB)
Business Overview
- A hotel business based in Pollachi, Tamil Nadu.
- We are operating 1 hotel and are setting up another hotel. Both are in Pollachi.
- The existing hotel has 45 rooms and an occupancy rate of 80% throughout the year.
- Hotel is near famous tourist spots and wedding locations, so we experience high occupancy throughout the year.
- The new hotel that we are setting up was previously operated as a hospital that is owned by the proprietor under a different business. The hospital is being converted into a hotel now and will be operated under this business going forward.
- We expect the renovation to be completed in the next 5 months.
- Once completed, the hotel will have 70 rooms, restaurant and bar, rooftop swimming pool and a wedding hall. This will be a 3 star hotel.
- Will also rent out commercial shops within the hotel such as cafe and beauty parlor.
- Physical assets include value of land and building of both properties.
- We are operating 1 hotel and are setting up another hotel. Both are in Pollachi.
- The existing hotel has 45 rooms and an occupancy rate of 80% throughout the year.
- Hotel is near famous tourist spots and wedding locations, so we experience high occupancy throughout the year.
- The new hotel that we are setting up was previously operated as a hospital that is owned by the proprietor under a different business. The hospital is being converted into a hotel now and will be operated under this business going forward.
- We expect the renovation to be completed in the next 5 months.
- Once completed, the hotel will have 70 rooms, restaurant and bar, rooftop swimming pool and a wedding hall. This will be a 3 star hotel.
- Will also rent out commercial shops within the hotel such as cafe and beauty parlor.
- Physical assets include value of land and building of both properties.
Products & Services Overview
Hotel business in Pollachi, existing hotel has 45 rooms, new hotel will have - 70 rooms, restaurant and bar, rooftop swimming pool, a wedding hall, commercial shops within the hotel such as cafe and beauty parlor.
Facilities Overview
Existing hotel is company owned and has a land area of 14,000 Sq. Ft. Hotel has G+2 floors.New hotel being rennovated is company owned and has a land area of 15,000 Sq. Ft. Building is G+2 floors.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDIRECTOR, Pollachi, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Gas Station, Toronto, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysHead New Investment Initiative, Private Venture Capital, Chennai, Corporate Investor / Buyer connected with the Business
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