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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
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 200 thousand
EBITDA Margin 15 %
Industries Hotels + 1 more
Locations  Bangalore
Local Time 1:20 PM India
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
Facilities Overview
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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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