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Hotel for Sale in Mangalore, India

For sale: 3-star hotel with 150+ customers on a daily basis from Mangalore.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 330 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 30 %
Industries Hotels
Locations  Mangalore
Local Time 4:50 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: The user wishes to focus on the expansion of his other projects.
Includes physical assets worth USD 4 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- 3-star hotel offering multiple cuisines for the customers.

- We receive around 150+ customers on any given day.

- Our services are divided into cafe, restaurant, and bar.

- The overall seating capacity we offer is 130.

- Seating capacity divided for the bar, restaurant, and cafe is 52, 36, and 42 respectively.

- We have a very good reputation in Mangalore and the buyer would greatly benefit from this.

- The business is registered in Bangalore and it is operating from Mangalore.

- The Mangalore airport is a 10-minute drive from our hotel.

Products & Services Overview

- We provide customers with bar and restaurant facilities.

- Veg and non-veg delicacies.

Assets Overview

- 15 cents of our own land.

- 29,000 sqft building constructed on the land.

- Furniture and interiors in the hotel.

- Kitchen equipment and machinery.

Facilities Overview

- We have 15 cents land in Mangalore.

- Our building has an area of 29,000 sqft.

- Our operations are carried out on the ground plus 4 floors of the building.

- We are located near the airport.

Capitalization Overview

- There are 2 shareholders in the business.

- The restaurant has a loan of INR 1.5 crore, out of which the outstanding amount is INR 1 crore.

Recent Activity
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.
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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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