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Hotel for Sale in Koramangala, India

For Sale: Hotel with 2 restaurants at a prime location currently in agreement with BMCRI.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 240 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Bangalore + 1 more
Local Time 5:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 2.4 million (Native Currency: INR 200,000,000)
Reason: Owner has some personal and family reasons.
Includes physical assets worth USD 2.4 million
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Business Overview

- This boutique hotel is located in a commercial and prime location in Bangalore. We have over 25 luxurious rooms.

- Prior to the pandemic, we were tied up with Fab Hotels and then with OYO. We don't plan on renewing the contract. During those times, the hotel had an occupancy rate of 80%.

- Currently, we are shut to the public. However, we are offering quarantine services to doctors and have reached an agreement with BMCRI. Hotel has a 100 percent occupancy rate but prices have been reduced by over 50%.

- Besides that, we also have a specialty restaurant (60 pax) a BBQ lounge with bar (150 pax) and a conference room. The BBQ lounge has been closed for a while due to renovations.

Products & Services Overview

We offer hotel accommodation and dining services to our clients.

Assets Overview

The entire hotel, restaurant and lounge with all the associated infrastructure.

Facilities Overview

The property has a land area of 4,000 square feet and a built up area of 20,000 square feet. The building has a basement, ground + 4 floors. It is owned by the business.

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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