Hotel for Sale in Chittoor, India
For Sale: Operating budget hotel in Chittoor with 16 rooms, steady occupancy, and consistent revenues.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 53 thousand |
| Run Rate Sales | USD 53 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Hotels |
| Locations | Chittoor |
| Local Time | 7:23 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
440 thousand
(Native Currency: INR 40,000,000)
Reason: Lack of adequate capital to run the business, and the owner does not wish to invest further in the b...
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Includes physical assets worth
USD
440 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Successful budget hotel located in Chittoor, known for its good operational condition and positive customer experiences.
- The hotel features a total of 16 streamlined rooms, which include both classic AC and deluxe AC options designed for comfort and affordability.
- Situated in a leafy residential area, the hotel is strategically located just 1 km from the city center and 2 km from Chittoor train station, making it convenient for both travelers and locals.
- Guests enjoy several amenities such as flat-screen TVs, private wet rooms, complimentary Wi-Fi, and on-site parking. A backup generator ensures uninterrupted service during power outages.
- The hotel maintains a healthy occupancy rate of 70%, averaging around ~10-12 check-ins per day, contributing to steady revenue generation.
- The hotel generates income primarily through room bookings, with options catering to varying budgets ensuring a broad customer base.
- The business operates under proper regulatory frameworks, holding a valid trade license and ownership documentation, establishing its credibility in the hospitality sector.
- The hotel features a total of 16 streamlined rooms, which include both classic AC and deluxe AC options designed for comfort and affordability.
- Situated in a leafy residential area, the hotel is strategically located just 1 km from the city center and 2 km from Chittoor train station, making it convenient for both travelers and locals.
- Guests enjoy several amenities such as flat-screen TVs, private wet rooms, complimentary Wi-Fi, and on-site parking. A backup generator ensures uninterrupted service during power outages.
- The hotel maintains a healthy occupancy rate of 70%, averaging around ~10-12 check-ins per day, contributing to steady revenue generation.
- The hotel generates income primarily through room bookings, with options catering to varying budgets ensuring a broad customer base.
- The business operates under proper regulatory frameworks, holding a valid trade license and ownership documentation, establishing its credibility in the hospitality sector.
Products & Services Overview
Affordable accommodation through 16 classic AC and deluxe AC rooms, along with services such as complimentary Wi-Fi, flat-screen TVs, private wet rooms, parking, and power backup.Catering primarily to budget-conscious travelers including families, business professionals, and tourists who book rooms for short stays.
Assets Overview
Physical assets include owned land and building property, which constitutes about 80% of the total asset value, with the remainder comprising furniture and fixtures.
Facilities Overview
Operating from an owned 40×60 ft property in a prime location, G+4 structure, located in BV Reddy Colony, Chittoor.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
Sole owner business.
Recent Activity
-
Earlier than 15 daysPartner, Rice Mill, Chennai, Individual Investor / Buyer connected with the Business
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