Hotel for Sale in Mumbai, India

Top-selling products and services:
- Guest room accommodation (70 rooms):
The primary revenue comes from business travelers, transit passengers, and tourists who choose the hotel for its proximity to Mumbai domestic airport and well-maintained rooms.
- Banquet halls (4 combined halls in the basement):
Popular for weddings, corporate events, and social gatherings, these halls can accommodate 400–550 guests in a buffet setup, making them a key revenue driver.
- Restaurant and bar:
Used by in-house guests as well as walk-in customers from the vicinity, offering Indian and international cuisines with a licensed bar.
Mobile tower on rent (3 towers on the terrace):
Generates steady monthly rental income from telecom operators. Tangible assets:
- Freehold land and building (approx. 50,000 sq. ft. built-up area on 1,206 sq meters plot)
- 70 fully furnished guest rooms (10 rooms on each of the 7 upper floors)
- 4 banquet halls in the basement with furniture and fixtures.
- Restaurant and bar setup on the ground floor, including kitchen equipment and dining furniture.
- Administrative office setup on the service floor.
- 3 elevators (2 guest lifts and 1 service lift)
- Parking facilities for 26 cars with potential for a stack parking system.
- Small landscaped garden in the compound.
- Electrical infrastructure, including dual meters from Tata Power and Reliance.
- Mobile tower infrastructure on the terrace (3 telecom towers) generating rental income.
- Fixtures, furniture, and fittings across the hotel premises.
- Plant room equipment and staff facilities.
Intangible assets:
- Established brand reputation and goodwill built over the last 33 years.
- Client base included corporate clients, event planners, travel agents, and repeat customers.
- Ongoing contracts with telecom operators for mobile tower rentals.
- Long-standing vendor and supplier relationships.
- The hotel has an incorporation certificate, a health and sanitation license, FSSAI license, GST certificate, a liquor license, and ISO certification (to be transferred as per norms)
- Online presence and tie-ups with OTAs (Online Travel Aggregators) for room bookings.
- Trained staff and management systems in place.
- Reservation and booking database (subject to confidentiality and transfer agreements) Facility description:
- Total built-up area: Approximately 50,000 sq ft.
- Plot area: 1,206 sq. meters (freehold ownership under a private limited company)
Floors:
- Basement: 4 banquet halls (combined capacity of 400–550 guests)
- Ground floor: Reception, lobby, restaurant with bar.
- Service floor: Admin office, plant room, staff facilities.
- Upper floors (1st to 7th): Total 70 guest rooms (10 rooms per floor)
- Terrace: 3 mobile towers (leased to telecom operators with rental income)
- Parking: Dedicated space for 26 cars, expandable with a stack parking system.
- Garden: Small landscaped garden at the front.
- Elevators: 3 total (2 guest elevators + 1 service elevator)
- Power supply: Dual electric meters from Tata Power and Reliance Energy.
- Ownership/rental: The property is freehold and debt-free, with no lease obligations. Full ownership lies with a private limited company, and share transfer can be executed seamlessly.
The private limited company is not a part of this transaction. Business funding & ownership structure:
Current funding status:
The business is 100% self-funded and currently operates as a debt-free entity. There are no outstanding loans, mortgages, or financial liabilities on the property or operations.
Ownership structure:
The hotel is owned by a private limited company, with the entire shareholding held by the promoter group.
Number of shareholders:
There are 2 shareholders, both are from the promoter's family.
Ownership distribution:
Shareholder 1: 75%
Shareholder 2: 25%
Transfer flexibility:
Since the property is held under the company, ownership can be transferred smoothly through a share transfer agreement, enabling a single-stroke acquisition without property registration complexities.