Hotel for Sale in Erode, India
Full sale: Hotel with 25 rooms offering multiple amenities under one roof with 25 employees.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 57 thousand |
| Run Rate Sales | USD 75 thousand |
| EBITDA Margin | 38 % |
| Industries | Hotels |
| Locations | Erode |
| Local Time | 2:35 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.13 million
(Native Currency: INR 100,000,000)
Reason: The promoters are not able to focus on the business due to other commitments, so looking to sell the...
View More
Includes physical assets worth
USD
1.13 million
Interested to connect with advisors
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- A renowned and well-maintained hotel in Erode, established in 2005.
- Property with 25 rooms, restaurant, bar, and party hall.
- The average occupancy rate is about 60-75%.
- We do offer long-term stays but the majority of the revenue is from short stays.
- We had tie-ups with a lot of companies and brands for their stays but after Covid, we are working on establishing new contacts.
- We have served thousands of customers during this tenure of 15 plus years.
- The promoters are not able to focus on the business due to other commitments, so looking to sell the business.
- Property with 25 rooms, restaurant, bar, and party hall.
- The average occupancy rate is about 60-75%.
- We do offer long-term stays but the majority of the revenue is from short stays.
- We had tie-ups with a lot of companies and brands for their stays but after Covid, we are working on establishing new contacts.
- We have served thousands of customers during this tenure of 15 plus years.
- The promoters are not able to focus on the business due to other commitments, so looking to sell the business.
Products & Services Overview
- Hotel with short and long-term stays.- Restaurant.
- Bar.
- Corporate meetings and other events.
Assets Overview
- Rooms with infrastructures, air conditioners, interiors, various other products along with kitchen setup and other equipment.- Land and the hotel building.
Facilities Overview
The premises is established on a company-owned property with an area of around 33 cents.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysRadiologist, Hospital, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCo-Founder And CEO, Hotels And Resorts, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Lodge, Mettupalayam, Individual Investor / Buyer connected with the Business
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