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Hotel for Sale in Bangalore, India

For sale: Operational hotel on Koramangala 80ft road contracted out to a hotel management company.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 96 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 10 %
Industries Hotels
Locations  Bangalore
Local Time 5:21 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.02 million (Native Currency: INR 85,000,000)
Reason: The owner of the building wants consolidation of assets. Note: this transaction is listed by an adv... View More
Includes physical assets worth USD 1.02 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Floor Plan
GST Certificate
Business Overview
- 20-suite hotel right on 80 Ft Road in the Koramangala area of Bangalore. Additional FSI 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, hotel building, and they can choose to continue with the tenant company.
- The annual sales of the hotel is 80 Lacs.
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 15 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
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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11 Buyers already contacted this Business. Register below to connect now!
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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