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 Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 160 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 15 %
Industries Hotels + 1 more
Locations  Bangalore
Local Time 3:02 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 130 thousand (Native Currency: INR 9,500,000)
Reason: Director is currently invested in other business activities.
Includes physical assets worth USD 100 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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.

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.

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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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