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Hotel for Sale in Bangalore, India

Hotel with an area of 4,500 sq ft with 21 luxury rooms for sale.

Established 50-60 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Bangalore
Local Time 6:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.9 million (Native Currency: INR 250,000,000)
Reason: The owner wishes to sell the property as the family is moving abroad.
Includes physical assets worth USD 2.9 million
Interested to connect with advisors
Documents
Business Overview
- The hotel has 21 luxury rooms and the potential to expand to more floors.
- The business has not been operational since the last year.
- Hotel had an occupancy rate of 65% when it was operational.
- We also have a restaurant and an open-air cafe.
- Facility has centralized A/C.
- Hotel has a parking space for 10-12 cars. , RO system, 2 DG sets, & 1 Schindler elevator.
Products & Services Overview
We are a hotel with 21 rooms and also host weddings and, small events.
Assets Overview
Physical assets include the land and building with an area of 4,500 sq ft, central AC, lift, furniture, RO system, heat pump, plumbing, transformers, and hotel set-up.
Facilities Overview
The land and building are owned with a land area of 4,500 sq ft and a building area of 15,000 sq ft. The facility is in the center of the city near Iskcon temple.
Capitalization Overview
The company has 3 shareholders with 50%, 25%, and 25% stake. The business has outstanding loans of INR 40 lakh which would be cleared by the current owner.
Recent Activity
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6 Buyers already contacted this Business. Register below to connect now!
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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