Need help?

Hotel for Sale in Chennai, India

For Sale: 3-Star hotel with16 rooms and restaurant in a prime locality in Chennai.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 500 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 30 %
Industries Hotels
Locations  Chennai
Local Time 4:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2 million (Native Currency: INR 150,000,000)
Reason: Focus on other business. Our valuation is based on the brand name and the locality of the business.
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Hotel Frontage
Business Overview

- 3-star hotel with 16 rooms in a prime commercial location in Chennai.

- It is located 2.4 km from Pondy Bazaar, the US Embassy is 6 km away, and the nearest airport is Chennai International Airport and is 12 km from the hotel.

- Among the facilities of this property are a restaurant, a 24-hour front desk, and room service along with free WiFi. The hotel has newspapers and a fax machine and a photocopier that guests can use.

- The units at the hotel come with a seating area, a flat-screen TV with satellite channels, and a private bathroom with free toiletries and a shower. All units at our hotel feature air conditioning and a desk.

- The accommodation offers a continental or buffet breakfast.

- Partnered with FabHotels for online bookings.

- We used to generate average monthly revenue of INR 30 lakh. Post-covid, our revenue has halved, but the sales are improving day-by-day.

Products & Services Overview

3-star hotel with 16 rooms and restaurant offering continental or buffet breakfast.

Assets Overview

Hotel business and licence, land, building, and interior furnishings.

Facilities Overview

Own land and hotel building in T. Nagar.

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.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more