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Hotel for Sale in Bangalore, India

For Sale: 2 - 3-star property on approx 1-acre land that's 300 mts from the NH.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 6 million (Native Currency: INR 500,000,000)
Reason: Retirement and Other business interests.
Includes physical assets worth USD 5 million
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Business Overview

- 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.

Products & Services Overview

- 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.

Facilities Overview

- 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.

Capitalization Overview
Not Disclosed
Recent Activity
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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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