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Hotel for Sale in Lucknow, India

Fully functional 4 star hotel business with 108 rooms & having tie-ups with international chain of hotels.
This transaction has concluded.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales USD 1.78 million
Run Rate Sales USD 2.13 million
EBITDA Margin 20 %
Industries Hotels
Locations  Lucknow
Local Time 10:15 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 15 million (Native Currency: INR 1,350,000,000)
Reason: Want to exit the business & concentrate on the core business of the group.
Includes physical assets worth USD 15 million
Interested to connect with advisors
Documents
Business Overview
- 4 star hotel located in Lucknow having 108 rooms.
- Each room has a separate toilet, shower, flat screen TV, WiFi and central heating facility.
- Hotel has 2 restaurants & licensed bars, a banquet hall for events, business meetings and small parties, a garden, swimming pool on rooftop and parking space.
- Occupancy rate is more than 60% throughout the year.
- Our restaurants has a seating capacity of 60 pax and has a fully equipped kitchen.
- Banquet hall can accommodate 150 people.
- Assets include land, building, kitchen equipment, furniture, and interiors.
- Promoter has more than 3 years of experience in this business.
Products & Services Overview
108 Rooms, Banquet Hall, Fine Dine Restaurant & Bar, Swimming pool on rooftop, parking space.
Facilities Overview
Owned land which is of 2,400 sq mt and built up area is about 10,772 sq mt excluding parking.
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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