Hotel for Sale in Bangalore, India
|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|
|Local Time||3:02 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- 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.
Rooms, restaurant, conference room, mini gym.
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.
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.
Earlier than 15 daysOwner, Logistics, Dubai, Individual Investor / Buyer connected with this business
Earlier than 15 daysCentre Head, Hospital, Bangalore, Individual Investor / Buyer connected with this business
Earlier than 15 daysFounder, IT, Thane, Individual Investor / Buyer connected with this business