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Hotel for Sale in Nagpur, India

Hotel business with 32 rooms, restaurant, and cloud kitchen in Nagur, for full sale.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 227 thousand
Run Rate Sales USD 218 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Nagpur
Local Time 4:15 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.13 million (Native Currency: INR 100,000,000)
Reason: As the owner is relocating abroad and becoming a NRI, they are looking to sell the business. Alterna... View More
Includes physical assets worth USD 1.13 million
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Business Overview
- The business operates as a lodge with 32 rooms spread across 4 floors, providing a comfortable and convenient stay for guests, situated in Ganeshpeth, Nagur.
- In addition to its lodging services, the business also operates a cloud kitchen, generating a steady monthly revenue of INR 1.5 lakh.
- A small restaurant on the ground floor supplements the business, offering seating for 20 people and providing an additional source of income.
- No regulatory licenses are required for the business operations.
- The buyer will acquire a fully furnished four-floor building, which can be operated as a lodge, with the responsibility of assuming the existing loan.
- As the lodge is in a prime location of Nagpur, coupled with its four floors of fully furnished rooms, parking lot, and kitchen area totalling 2,500 square feet each floor, justifies its valuation.
Products & Services Overview
The business provides accommodation for guests, functioning as a lodge, while also featuring a small restaurant and a cloud kitchen.
Assets Overview
The main assets of the business include the land and the lodge, comprising four floors with a total of 32 rooms, occupying a built area of 2,500 square feet on each floor. The entire 10,000 sqft property is worth INR 15 Cr based on the current commercial land rate.
Additionally, the business holds physical assets such as a large generator valued at INR 14 lakh, a lift worth INR 15 lakh, and other items such as televisions, refrigerators, and kitchen equipment contribute to the business's operations.
Facilities Overview
The lodge, consisting of four floors with a total of 32 rooms, occupies a built area of 2,500 square feet on each floor, all of which are owned by the business.
Capitalization Overview
- The business holds a bank loan amounting to INR 3.3 crore against the property, with monthly EMIs of INR 3.5 lakh, and has 14 years remaining for repayment.
- The business operates as a sole proprietorship.
Recent Activity
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1 Buyer contacted this Business this month. 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.
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