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Hotel for Sale in Darjeeling, India

For Sale: Hotel in Darjeeling having 40 rooms and an average occupancy rate of 70%.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 360 thousand
Run Rate Sales USD 360 thousand
EBITDA Margin 20 %
Industries Hotels
Locations  Darjeeling
Local Time 8:09 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 3.6 million (Native Currency: INR 300,000,000)
Reason: Owner is looking to venture into other projects.
Includes physical assets worth USD 6.6 million
Interested to connect with advisors
Documents
Business Overview

- Business operating a hotel based in Darjeeling, West Bengal.

- Located in a prime location with great landscape views.

- There are 40 rooms along with ample parking, bar, conference rooms, restaurants, spa and banquet halls.

- Receive an average occupancy rate of 70% throughout the year.

- This hotel can easily be converted to a 4 star hotel if the new investors would want it to be rated.

- Physical assets are land, building and interior setup of the hotel.

- Land and building have been valued by a third-party company at Rs. 55 crore. We are looking to sell the business at Rs. 30 crore due to urgency of cash requirements.

- Sale would include entire business and physical assets.

Products & Services Overview

Hotel in Darjeeling having 40 rooms along with ample parking, bar, conference rooms, restaurants, spa and banquet halls.

Facilities Overview

Land is owned by the business and has an area of 42,000 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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