Hotel for Sale in Dhar, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 23 thousand |
Run Rate Sales | USD 56 thousand |
EBITDA Margin | 30 % |
Industries | Hotels |
Locations | Dhar |
Local Time | 10:05 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
2. Corporate Clientele: The business primarily serves corporate entities, with a strong customer base from the IT sector and bank auditors. The business also hosts corporate parties in the banquet hall.
3. Vendor for Walmart: The hotel serves as a vendor for Walmart, providing potential for additional corporate partnerships and business opportunities.
4. High Occupancy Rate: The hotel holds 14 rooms with a high occupancy rate, consistently holding at 90-100% throughout the year, indicating strong demand for its services. The rooms are mostly booked by companies through direct contacts, individuals book the rooms mainly through websites like Goibibo or MakeMyTrip.
5. Prime Location: Conveniently situated near numerous company headquarters, offering potential for corporate events, conferences, and long-term stays.
6. Room Accommodations: The most sold accommodations are the deluxe and super deluxe rooms, indicating a preference for higher-end offerings by the customer base.
7. Diversified Clientele: The business caters to a diverse clientele including families during holiday seasons, providing stability in revenue streams throughout the year.
- Our clientele primarily consists of bank auditors, individuals from the IT sector, and families during holiday seasons.
- 2,400 square foot property worth INR 7.5 crore.
- Furniture for 14 rooms.
- Basement set-up.
- Banquet hall.
The total value of the physical assets included is above INR 10 crore, but the owner has decided to sell the business at an attractive valuation of INR 9.5 crore.
- The property features a building that includes a basement and four additional floors.
There are no outstanding loans on the business, and the business is debt free.
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Earlier than 15 daysCEO, Mechanical And Industrial Engineering, Bangalore, Individual Investor / Buyer connected with the Business