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Hotel for Sale in Gopalapatnam, India

For Sale: Hotel with 12 rooms, 2 restaurants and a banquet hall in Gopalapatnam.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 250 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 25 %
Industries Hotels + 1 more
Locations  Gopalapatnam
Local Time 1:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: No family manpower to manage and control this unit. If the brand names are included in the sale of ... View More
Includes physical assets worth USD 220 thousand
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Business Overview

- Hotel has 12 rooms, 1 banquet hall and 2 restaurants.

- Restaurant 1 has a maximum seating capacity of 70 pax and serves veg and non-veg food & beverages. Receives 70 walk-in customers and 50 online orders per day. Online orders are through Swiggy and Zomato.

- Restaurant 2 is a self service outlet with seating capacity of 20 and standing facility for 20 customers. Receives an average of 50 walk-in customers and 30 online orders per day. Online orders are through Swiggy and Zomato.

- The hotel has 12 boutique double occupancy rooms with AC, TV, fresh air vents and attached toilets.

- There is a banquet hall on the first floor that can accommodate 150-200 guests. Receive an average of 4 hall bookings per month.

- We also provide catering services for various events. Receive an average of 2 catering bookings per month.

- Received very positive feedback from naval officers for catering 1,200+ people as part of a naval dockyard picnic.

- Prime location surrounded by small offices, shopping malls and movie theaters.

- Sale would include only this particular outlet, its physical assets and advance of Rs. 25 lakh. The brand name can be included along with the outlet for no additional cost if the investor requires.

Products & Services Overview

Restaurant 1 - We serve veg and non-veg Biryani, north and south Indian starters and main course, ice creams, milkshakes & mocktails.

Restaurant 2 - We serve south and north Indian breakfast; snacks (Pani Puri, Chats, Burgers, Sandwich, Pav Bhajji, rolls) and ice creams, milkshakes and mocktails.

Assets Overview

Kitchen equipment, interiors, furniture, ACs, refrigerators, software & hardware, generator, beds, solar heating, water softener and TVs.

Facilities Overview

The entire set-up is spread across 2 buildings and 4 floors.

Building 1.

Cellar – Restaurant 1 Kitchen (600 sq ft) and rest all for parking.

Ground Floor – Fine Dining Restaurant (1,400 sq ft) - 70 seats.

Function Hall - 1st Floor (1,400 sq ft) - Floating capacity of 150-200 people.

There is a covered parking space available. Property is leased for 9 years with 7 years remaining on the lease.

Building 2.

Cellar – Parking.

Ground Floor – Tiffin’s & Snacks (1,100 Sq. Ft) – self service free style.

1st, 2nd & 3rd Floor (3,300 Sq. Ft. ) – 12 Boutique rooms.

There is a covered parking space available.

Property is leased for 15 years with 14 years remaining on the lease.

Capitalization Overview
Not Disclosed
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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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