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Hotel for Sale in Bengaluru, India

Opportunity to acquire a 18-room hotel in New Bel Road, Bangalore with 60-70% occupancy rate.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 114 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Bengaluru
Local Time 7:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.34 million (Native Currency: INR 120,000,000)
Reason: The owner is considering launching a new business.
Includes physical assets worth USD 1.23 million
Documents
Business Overview
- The hotel is situated in New Bel Road, Bangalore, featuring six floors, including a basement level.
- The hotel features 16 fully furnished rooms that are equipped with modern amenities such as complimentary Wi-Fi and balcony views, catering to the needs of both leisure and corporate guests.
- Hotel maintains a healthy occupancy rate of 60-70%
- The hotel recently faced a drop in bookings due to market fluctuations, relying on external sources for business.
- The business is operated by a dedicated team of 8 employees who are experienced in the hospitality sector.
- Business has obtained all required regulatory approvals and licenses, ensuring full compliance.
Products & Services Overview
- The hotel features 18 rooms equipped with complimentary Wi-Fi, balcony views, and various other amenities.
- Our clientele primarily consists of tourists and corporate guests.
Assets Overview
- The hotel comprises tangible assets such as:
1. Land: 2,700 sq ft valued at INR 6.5 crore.
2. Building: 11,500 sq ft worth INR 4 crore.
3. Fixtures, fittings, and equipment (FFE)
- Only the business and its assets are available for sale, not the private entity.
Facilities Overview
The hotel located on New Bell Road is entirely self-owned, spanning six floors with a basement and featuring 16 rooms, along with a self-owned 2 BHK serviced apartment.
Capitalization Overview
- Self-owned.
- Self-financed.
- The hotel holds a loan of INR 1 crore, with only INR 60 lakh outstanding.
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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