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Hotel for Sale in Thanjavur, India

For Sale: 3 star hotel with restaurant, bar and a banquet hall with 51 rooms.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 540 thousand
Run Rate Sales Nil
EBITDA Margin 30 %
Industries Hotels
Locations  Thanjavur
Local Time 6:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 4 million (Native Currency: INR 320,000,000)
Reason: Promoter is moving overseas.
Includes physical assets worth USD 3.5 million
Interested to connect with advisors
Documents
Business Overview

- We are a 3 star hotel in a tourist area of a renowned temple town.

- Have 51 rooms in total which is spread on 4 floors.

- The hotel is currently under renovation process and we aren't generating sales at the moment.

- Prior to the renovation process, we used to operate at an occupancy rate of 75%.

- Have two multi-cuisine restaurants with a capacity to accommodate 30 and 72 customers respectively. We also have a banquet hall.

- Also have a bar with a valid license that is attached to one of the restaurants.

- Our hotel rooms comprise of standard, deluxe and executive rooms. The facilities include car parking, TV, internet, AC.

- Have a 4 star rating on TripAdvisor and we are one of the top 4 hotels in the area.

- Even though our hotel is not operational at the moment, we still pay salary to our staff.

Products & Services Overview

Hotel with 51 rooms, multi cuisine restaurant, bar and banquet hall.

Assets Overview

Land & building with 51 rooms, 2 restaurants, 1 banquet hall, multiple furniture.

Facilities Overview

39,000 Sq Ft built up area spread across four floors.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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