Hotel for Sale in Kolkata, India
For Sale: Hotel located in the heart of the city with 50+ rooms and restaurant.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 410 thousand |
| EBITDA Margin | 30 % |
| Industries | Hotels |
| Locations | Kolkata |
| Local Time | 11:27 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
680 thousand
(Native Currency: INR 60,000,000)
Reason: Owner is relocating to USA.
Includes physical assets worth
USD
680 thousand
Interested to connect with advisors
Documents
Hallway
(358.5 KB)
Hotel Room
(53.2 KB)
Business Overview
- We operate a 50+ room hotel that has been fully operational for 5 months.
- The hotel is located in the heart of the city near Park Street and New Market.
- We started the hotel 10 months ago with staggered operations while we were developing all the rooms. 5 months ago we finished the entire development and started full operations.
- Hotel has an occupancy rate of around 80% and gets many Bangladeshi tourists.
- Rent of the hotel is below market rate as we have taken it on a long term lease. The area of the hotel is around 20,000 Sq Ft.
- Other amenities include restaurant, room service, AC / TV in all rooms and laundry services.
- The hotel is located in the heart of the city near Park Street and New Market.
- We started the hotel 10 months ago with staggered operations while we were developing all the rooms. 5 months ago we finished the entire development and started full operations.
- Hotel has an occupancy rate of around 80% and gets many Bangladeshi tourists.
- Rent of the hotel is below market rate as we have taken it on a long term lease. The area of the hotel is around 20,000 Sq Ft.
- Other amenities include restaurant, room service, AC / TV in all rooms and laundry services.
Products & Services Overview
50+ room hotel with 1 suite, 1 pantry, 2 housekeeping rooms, a restaurant, an owners office, 2 lobbies and 2 elevators.
Assets Overview
Company's physical assets include furniture, fixtures, TVs, ACs, equipment.
Facilities Overview
Commercial building of around 20,000 Sq Ft on a 15 year renewable lease. The rent is around INR 55 per Sq Ft which is less than market rate of INR 100 per Sq Ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, IT, Digital Media, CE, Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Construction, Durgapur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Real Estate, Dubai, Individual Investor / Buyer connected with the Business
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