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Hotel for Sale in Jaipur, India

For Sale: Jaipur-based boutique hotel at the city's centre with 70%+ direct business.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 70 - 80 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Jaipur
Local Time 9:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 120 thousand (Native Currency: INR 10,000,000)
Reason: Owner wants to sell this business to focus on other business.
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Documents
Business Overview

- The company is in the backpacker hostel business.

The backpacker hostel is located in the very center of the city.

- We have a strong reservation team & third-party tie-ups for the reservation of rooms.

- We are ranked amongst the top 10 properties on major platforms.

- In the hostel, there are 4 rooms and 5 dorms.

- The average occupancy rate is above 75%, the daily occupancy is more than 65%+. weekends are 90% +

- We have catered to 10,000+ customers.

- The direct bookings are about 70% and the other 30% is via being top-ranked on third-party online travel agents like MMT & Booking. com etc.

- Property is fully functional with all the amenities included and is on autopilot.

- A rooftop restaurant is also there in the boutique hotel.

- Operating margin achieved for the business is more than 35%

- We are top-rated on major OTAs as well as Tripadvisor.

- Hostel is ranked in the Top 3 of all speciality lodging properties on Tripadvisor for the past 5 years.

Products & Services Overview

The services of the business are - accommodation, food & beverage and tour packages.

Assets Overview

The business's assets are - furniture, amenities for all 9 rooms, fixtures, 3 computers, a printer, and 12 ACs.

Current assets like cash bank & usable inventory. Buyer will also get an exceptional digital reputation with more than 300 new customers catered every month, 150+ nationalities guest info, a database of 10,000+ frequent travelers, and a supply chain of all travel services including experiences.

Facilities Overview

One backpacker hostel covering around 6,000 sq. ft. area.

Capitalization Overview
Not Disclosed
Recent Activity
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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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