Hotel for Sale in Siolim, India

Hotel business in North Goa with 10 rooms is for sale.

This transaction has concluded.

Established	5-10 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	USD 24 thousand
Run Rate Sales	USD 60 thousand
EBITDA Margin	Nil
Industries	Hotels
Locations	Siolim
Local Time	8:28 PM Asia / Kolkata
Listed By	Business Owner / Director
Status	Active

8.6 / 10

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Full Sale

Asking Price: USD 1.4 million (Native Currency: INR 120,000,000)

Reason: The owner is interested to get into another business and wants to exit this business.

Includes physical assets worth USD 1.4 million

Documents

ROC-Verification.pdf (73.8 KB)

Business Overview

- We are a hotel located in North Goa that has 10 bedrooms.

- Currently, due to high season demand we have an occupancy rate of 80% to 90%.

- The hotel rooms are equipped with all basic amenities like free internet access, air conditioning, suite bathrooms, LED television, mini fridge, wardrobe, and hairdryer, all rooms have cutting-edge facilities.

- We are running at break-even as the business was affected due to Covid last year and we can only cover the operating costs.

- Business does not have any loan and is run by 2 owners with equal stake.

Products & Services Overview

Hotel with 10 bedrooms, has reception, support office, store, parking and kitchen.

Assets Overview

Land, the entire hotel set-up along with the furniture and all the interiors. The buyer will also get the legal entity and website.

Facilities Overview

750 sq. meter land with the 855 sq. meter built-up area. The land is owned by the business.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
Owner, Gas Agency, Aligarh, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Director, Automobile, Lucknow, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Owner, Hotel, Manali, Individual Investor / Buyer connected with the Business

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