Hotel for Sale in Kakinada, India

3-star family-run hotel having 57 rooms, 3 banquets and restaurant is seeking sale / investment.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1.1 million
EBITDA Margin
36 %
Industries
Locations
Local Time
2:35 PM Mumbai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Full Sale
Asking Price: USD 5 million (Native Currency: INR 350,000,000)
Reason: Investment required for an other business.
Includes physical assets worth USD 6 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.

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
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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