Hotel for Sale in Bangalore, India
For Sale: 24 room 3-start hotel business with a rooftop restaurant located in a prime area in Bangalore.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 137 thousand |
| Run Rate Sales | USD 165 thousand |
| EBITDA Margin | 15 % |
| Industries | Hotels + 1 more |
| Locations | Bengaluru |
| Local Time | 7:19 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
109 thousand
(Native Currency: INR 9,500,000)
Reason: Director is currently invested in other business activities.
Includes physical assets worth
USD
86 thousand
Business Overview
- 24 room 3-start hotel business with a rooftop restaurant located in a prime area in Bangalore.
- Hotel is a G+4 building with 24 premium twin and double rooms with high end imported furniture all in-room facilities like locker, kettle, minibar, 24*7 hot water with a mini gym, conference room, reception & a rooftop restaurant.
- We had an 80% occupancy rate pre-COVID.
- We serve fast-food and continental food at the rooftop restaurant and have seating capacity for 30 customers. We have also partnered with Swiggy and Zomato for online deliveries and have a 4/5 rating.
- We received daily orders worth INR 20,000 before the pandemic.
- Pre-COVID, the average monthly revenue was INR 12 lakh and the revenue split between the hotel and restaurant was 50-50. Currently, the occupancy rate for the hotel has dropped to 20%, and the restaurant is closed as the staff is currently in their hometowns.
- Facility is a rented property and the monthly rent and security deposit are negotiable.
- Hotel is a G+4 building with 24 premium twin and double rooms with high end imported furniture all in-room facilities like locker, kettle, minibar, 24*7 hot water with a mini gym, conference room, reception & a rooftop restaurant.
- We had an 80% occupancy rate pre-COVID.
- We serve fast-food and continental food at the rooftop restaurant and have seating capacity for 30 customers. We have also partnered with Swiggy and Zomato for online deliveries and have a 4/5 rating.
- We received daily orders worth INR 20,000 before the pandemic.
- Pre-COVID, the average monthly revenue was INR 12 lakh and the revenue split between the hotel and restaurant was 50-50. Currently, the occupancy rate for the hotel has dropped to 20%, and the restaurant is closed as the staff is currently in their hometowns.
- Facility is a rented property and the monthly rent and security deposit are negotiable.
Products & Services Overview
Rooms, restaurant, conference room, mini gym.
Assets Overview
High-end imported furniture for 24 rooms and the rooftop restaurant, kitchen equipment, and in-room facilities such as locker, kettle, minibar, and 24/7 hot water.
Facilities Overview
Rented 2,400 sq ft plot with 12,000 sq ft built-up area. It is a G+4 building with 24 premium twin and double rooms. We pay a monthly rent of INR 4 lakh including the rooftop restaurant.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysAdvisor, Pune, Financial Consultant connected with the Business
-
Earlier than 15 daysSupply Head, Hospitality, Mumbai, Corporate Investor / Buyer connected with the Business
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