Need help?

Hotel for Sale in Lucknow, India

Hotel in Lucknow with 27 rooms, banquet facilities and dining spaces seeking a full sale.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 800 thousand
Run Rate Sales USD 830 thousand
EBITDA Margin 10 %
Industries Hotels
Locations  Lucknow
Local Time 2:00 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 6.4 million (Native Currency: INR 600,000,000)
Reason: The owners are also involved in other businesses. We are not going to charge any upfront or success... View More
Includes physical assets worth USD 6.4 million
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Form No. 16A
Business Overview
- 3-star hotel located in Lucknow, operating from a 10,000 sq. ft. land parcel with approximately 45,000 sq. ft. of built-up area.
- The property has 27 rooms and multiple event and dining spaces, including a 6,000 sq. ft. pillarless banquet hall, 2,000 sq. ft. ground-floor banquet space, 1,500 sq. ft. first-floor hall and a 900 sq. ft. meeting hall.
- The hotel also features a 2,000 sq. ft. rooftop restaurant, 4,000 sq. ft. open lounge and 3 kitchens.
- The property currently achieves approximately 60% monthly occupancy and generates annual revenue of around INR 7.5 crore.
- The business has a team of 70 employees and holds the required commercial and fire licenses.
- The business has incorporation certificate, Fssai license and GST certificate.
Products & Services Overview
The best selling services are hotel accommodation, banquet and event facilities, rooftop dining and meeting spaces serving hotel guests, event customers and local clientele.
Assets Overview
Tangible assets include the land, building, furniture and fixtures, while intangible assets include the fire license and established customer base.
Facilities Overview
The business operates from a 45k sq. ft. built up area property owned by the owners.
Capitalization Overview
The business is owned by 2 shareholders, is fully funded by the owners and has no outstanding loans or liabilities.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
6 Buyers viewed this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS