Hotel for Sale in Bangalore, India
For sale: Operational 20-suite hotel on Koramangala 80ft road along with land and building.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 122 thousand |
| EBITDA Margin | 20 % |
| Industries | Hotels |
| Locations | Bengaluru |
| Local Time | 9:07 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
890 thousand
(Native Currency: INR 78,500,000)
Reason: The owner of the building wants consolidation of assets.
Note: this transaction is listed by an adv...
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Includes physical assets worth
USD
890 thousand
Interested to connect with advisors
Documents
Floor Plan
(2.3 MB)
GST Certificate
(201.3 KB)
Business Overview
- 20-suite hotel right on 80 ft road in the Koramangala area of Bangalore. Additional FSI is available for 4-5 more rooms.
- This is a well-constructed building built on a commercially converted plot.
- The owner has a contract with a hotel management company to operate the hotel.
- The hotel management company pays the owner of the property INR 3.5 lakh per month (INR 42 lakh annually).
- The buyer gets the land plot and hotel building, and they can choose to continue with the tenant company.
- The hotel's annual sales are INR 1.1 crore.
- This is a well-constructed building built on a commercially converted plot.
- The owner has a contract with a hotel management company to operate the hotel.
- The hotel management company pays the owner of the property INR 3.5 lakh per month (INR 42 lakh annually).
- The buyer gets the land plot and hotel building, and they can choose to continue with the tenant company.
- The hotel's annual sales are INR 1.1 crore.
Products & Services Overview
The hotel offers its guests comfortable suites in the prime location of Koramangala in Bangalore.
Assets Overview
Tangible assets include the:- 2,500 sq. ft of land on 80 ft road in Koramangala.
- 4-storey hotel building with 20 Suite Size rooms.
The entire property can be valued at INR 34,000 per sq. ft.
Intangible assets:
- Contract with the hotel management company that operates the hotel. The company pays the owner of the property INR 3.5 lakh per month.
Facilities Overview
- The plot size is 2,500 sqft, with a 60 Ft front.- 4 storey building.
- The total built-up area is about 8,500 sq. ft.
Capitalization Overview
Self Funded. It is Profitable business. Generates enough cash flows to sustain itself and deliver good IRR on the investments.
Recent Activity
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Earlier than 15 daysProject Manager, IT, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Investment Consulting, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysConsultant, Management Consultancy, Singapore, Individual Investor / Buyer connected with the Business
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