Hotel for Sale in Bangalore, India
Established | 20-30 year(s) |
Employees | 50 - 100 |
Legal Entity | General Partnership |
Reported Sales | USD 500 - 600 thousand |
Run Rate Sales | USD 600 thousand |
EBITDA Margin | 30 % |
Industries | Hotels |
Locations | Bangalore |
Local Time | 6:28 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- This is a successfully running business for the past 10 years.
- The property is a 160 keys establishment.
- It is spread over 2 blocks of 95 keys and 65 keys.
- The 65 room property has AC rooms spread over 4 floors with lift access.
- The budget segment is of 95 keys with attached toilets for about 60 rooms. This is a 4 storey building with elevator access.
- The property has an in house restaurant of 100 pax capacity which provides vegetarian and non-vegetarian cuisines in an AC atmosphere.
- Our property is listed on all major travel portals such as MMT, Booking. com, Goibibo.
- One of the main selling points of our property is the location - though 300 mts from the national highway, the surroundings are very calm and serene with a huge lawn.
- It is well connected to Narayana Health City, one of the major hospitals in the country.
- Digital marketing and advertising also contribute a great deal to our business.
- The hotel's major clients are working professionals who are looking for easy access to Electronic City, local engineering industries in Bommasandra and the Narayana Health City.
- The business has seen a growth of 15% year on year.
- Looking to sell this business as the promoters want to retire or venture into other areas of interest.
- 100% DG back up power, Sewage Treatment Plant with recycled water being used for flushing and landscaping,
- Ample car parking. A Large lawn with a close proximity to the main road for easy access and exit.
- We have facilities like WiFi access, Fully furnished rooms with TV, indoor games.
- The property has an in house restaurant of 100 pax capacity which provides vegetarian and non-vegetarian cuisines in an AC atmosphere.
- Has an AC rooftop conference hall with a capacity of 200 people.
- Built up area is about 70,000 Sq ft, Number of floors G+3.
- Freehold land of about 1 acre purchased from KIADB, Government of Karnataka. Holding Absolute Sale deed from KIADB.
- Total number of rooms is 150+ in two blocks.
- Restaurant G+1 with 100 seats.
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Earlier than 15 daysDirector, Renewable Energy, Construction And Manufacturer, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysChairman, Home Appliances Unit, Bangalore, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Manager, Hotels, Bangalore, Individual Investor / Buyer connected with the Business