Hotel for Sale in Dhanbad, India
For Sale: Dhanbad based boutique hotel with 26 rooms, kitchen and a banquet hall.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 84 thousand |
| EBITDA Margin | 25 % |
| Industries | Hotels |
| Locations | Dhanbad |
| Local Time | 1:20 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
700 thousand
(Native Currency: INR 60,000,000)
Reason: Looking to repay a bank loan. Also open to a 50-50 partnership or also to lease out the property.
Includes physical assets worth
USD
700 thousand
Interested to connect with advisors
Business Overview
- The hotel has 26 rooms and a banquet half.
- Before covid-19 we used to receive an average of 60% occupancy rate throughout the year.
- The hotel is still operational.
- Have corporate clients who make corporate bookings with us. Corporate clients include - Asian Paints, Duke, Indian Oil and Vestige.
- The banquet hall can accommodate 60-80 individuals.
- Sale would include entire business and physical assets.
- Before covid-19 we used to receive an average of 60% occupancy rate throughout the year.
- The hotel is still operational.
- Have corporate clients who make corporate bookings with us. Corporate clients include - Asian Paints, Duke, Indian Oil and Vestige.
- The banquet hall can accommodate 60-80 individuals.
- Sale would include entire business and physical assets.
Products & Services Overview
Hotel with 26 rooms, banquet hall and a full fledged kitchen.
Assets Overview
The assets of the business include land, building, furniture, and equipment.
Facilities Overview
Property is company owned and has an area of 10,000 Sq. Ft. built up over five floors.
Capitalization Overview
- The business is owned by one person.- There is an ongoing loan in the business of INR 2 crores that will be settled by the business owner himself.
Recent Activity
-
Earlier than 15 daysDirector, Construction, Dhanbad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Dhanbad, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysDirector, Data Processing, Dhanbad, Corporate Investor / Buyer connected with the Business
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