Hotel for Sale in Kakinada, India
|Run Rate Sales||USD 1.1 million|
|EBITDA Margin||36 %|
|Local Time||6:45 AM Mumbai|
|Listed By||Business Owner / Director|
- 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.
- 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.
Earlier than 15 daysManaging Consultant, Business Consulting, Hyderabad, Individual Investor / Buyer connected with this business
Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with this business
Earlier than 15 daysCEO, IT, Pierre, Individual Investor / Buyer connected with this business