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Hotel for Sale in Idukki, India

Hotel located in hill station boasts 33 executive suites and serves around 800 customers monthly.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 280 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 30 %
Industries Hotels
Locations  Idukki
Local Time 3:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.8 million (Native Currency: INR 240,000,000)
Reason: The owner is selling the business due to financial difficulties.
Includes physical assets worth USD 2.8 million
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Hotel
Business Overview
• Situated in Kumily, Kerala, this unique hotel combines exceptional restaurant services and hotel accommodations under one roof.
• The property boasts 33 executive suite rooms offering modern amenities, ensuring a comfortable stay for guests visiting one of South India's most popular hill stations.
• The dining experience is enhanced with a 100-seat capacity restaurant, offering diverse cuisine options to appeal to a wide range of customer preferences.
• With a 100-seat conference hall, the hotel caters to both leisure and business travelers, providing versatile spaces for events and meetings.
• Recreational facilities include separate adult and kids swimming pools, a play park, and a scenic fish pond, ensuring entertainment for guests of all ages.
• The facility is supported by a well-organized team across various departments, including reception, housekeeping, and kitchen, employing over 30 staff members dedicated to customer satisfaction.
• Catering to tourists engaging in trekking, hiking, and sightseeing, the hotel attracts an average of 800 customers per month, capitalizing on the area's natural attractions like waterfalls and a nearby sanctuary.
• The ample parking space, security cabins, and sizable reception area ensure smooth operations and a welcoming atmosphere for both new and returning guests.
Products & Services Overview
Our top-selling services are restaurant dining and hotel accommodations. These offerings are primarily utilized by tourists and families.
Assets Overview
Tangible assets comprise the hotel property, including all furniture and fixtures, worth INR 24 crore.
Intangible assets include a GST certificate, an FSSAI license and land deed documents.
Facilities Overview
The site spans 214 cents of land and features a 36,000 sq ft built-up area, which includes a 100-seat restaurant and a fully equipped conference hall.
Capitalization Overview
- The business has an outstanding loan of INR 13 crore.
- Sole proprietor.
Recent Activity
  • 4 days, 15 hours ago
    CEO, Chennai, Financial Consultant connected with the Business
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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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