Hotel for Sale in Kakinada, India
3-star family-run hotel having 57 rooms, 3 banquets and restaurant is seeking sale / investment.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 380 thousand |
| Run Rate Sales | USD 890 thousand |
| EBITDA Margin | 36 % |
| Industries | Hotels |
| Locations | Kakinada |
| Local Time | 6:51 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
4 million
(Native Currency: INR 350,000,000)
Reason: Investment required for an other business.
Includes physical assets worth
USD
4.7 million
Interested to connect with advisors
Documents
Conservative Projections
(19.8 KB)
Company Presentation
(6.4 MB)
Business Overview
- It's a family owned 3 start hotel based in Kakinada.
- Hotel has 57 rooms, 3 banquet hall and veg & non-veg restaurant.
- Revenue expected to grow by 130% due to recent addition of new banquet hall (1500 capacity) and 100 seater non veg restaurant.
- Completely Air Conditioned (with back up AC system) and Generator (+Back up generator) with Gymnasium, WiFi, In house Laundry and RO Water System.
- Good business opportunity as many big ticket projects are coming up in and around the Kakinada Smart city.
- Holiday IQ Award-Winner.
- Rated among top 3 hotels in Kakinada on all platforms (Goibobo, Makemytrip, Tripadvisor etc)
- Relationships with more than 300 institutions.
- Hotel has 57 rooms, 3 banquet hall and veg & non-veg restaurant.
- Revenue expected to grow by 130% due to recent addition of new banquet hall (1500 capacity) and 100 seater non veg restaurant.
- Completely Air Conditioned (with back up AC system) and Generator (+Back up generator) with Gymnasium, WiFi, In house Laundry and RO Water System.
- Good business opportunity as many big ticket projects are coming up in and around the Kakinada Smart city.
- Holiday IQ Award-Winner.
- Rated among top 3 hotels in Kakinada on all platforms (Goibobo, Makemytrip, Tripadvisor etc)
- Relationships with more than 300 institutions.
Products & Services Overview
- Rooms for short and long stay - 57 rooms.- Banquets for Weddings, Corporate Events and other occasions (100-1500 capacity)
- Event Management Services.
- Veg Restaurant - 50 seater.
- Non veg Restaurant - 100 seater.
Facilities Overview
- No of Floors - 6 (Cellar + Ground +4)- Total Area - 50,000 / - sqft.
- Plot - 1540 sq yards.
- Plot owned.
- 150 tons centralized Blue Star AC system with 55 tons back up.
- 250 Kv Generator with 50 Kv back up.
- State of art fire fighting system.
- Emergency rainwater pumping system.
- RMS hotel software with state of art server for centralized and efficient management.
- Completely WiFi enabled.
- In-House Laundry.
- Cellar level parking.
- Reverse Osmosis (RO) water purification system.
- Service and Store room at each level.
- Mini Bar and Locker in every room.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysIT Architect, IT Services, Vijayawada, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Dubai, Business Broker connected with the Business
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