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Hotel for Sale in Calangute, India

For Sale: 3 star hotel in Goa with 30 rooms located in a premium location.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 350 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Calangute
Local Time 2:01 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.5 million (Native Currency: INR 300,000,000)
Reason: Owners want to relocate.
Includes physical assets worth USD 3.5 million
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Business Overview
- We have a 3-star hotel facility located on Calangute-Baga road.
- Rated as the top 10 hotels in its category among all hotels.
- Average footfall is around 100-150 people per day and the average occupancy rate is around 85% as Goa attracts a high amount of tourists.
- Property is listed on some booking portals for online bookings.
- Has 30 rooms and the average size of each room is around 220 square feet.
- Bar license is included in the sale.
- Company's registered office is in Mumbai but business location is Goa as promoter's wanted to start the hotel in a tourist spot.
Products & Services Overview
30 hotel rooms, restaurant, bar, pool, power backup generator, solar water heater and parking space.
Assets Overview
Physical assets include the land, building and infrastructure.
Facilities Overview
Owned land and building spread across 3 floors excluding the ground floor. Total size of the property is around 6,600 square feet.
Capitalization Overview
Not Disclosed
Recent Activity
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2 Buyers contacted this Business this month. 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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