Hotel for Sale in Thanjavur, India
For Sale: 3 star hotel with restaurant, bar and a banquet hall with 51 rooms.
This transaction has concluded.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 530 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 30 % |
| Industries | Hotels |
| Locations | Thanjavur |
| Local Time | 7:28 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
3.74 million
(Native Currency: INR 320,000,000)
Reason: Promoter is moving overseas.
Includes physical assets worth
USD
3.4 million
Interested to connect with advisors
Documents
Business Presentation
(1.9 MB)
Domain-Verification.pdf
(213.3 KB)
Business Overview
- We are a 3 star hotel in a tourist area of a renowned temple town.
- Have 51 rooms in total which is spread on 4 floors.
- The hotel is currently under renovation process and we aren't generating sales at the moment.
- Prior to the renovation process, we used to operate at an occupancy rate of 75%.
- Have two multi-cuisine restaurants with a capacity to accommodate 30 and 72 customers respectively. We also have a banquet hall.
- Also have a bar with a valid license that is attached to one of the restaurants.
- Our hotel rooms comprise of standard, deluxe and executive rooms. The facilities include car parking, TV, internet, AC.
- Have a 4 star rating on TripAdvisor and we are one of the top 4 hotels in the area.
- Even though our hotel is not operational at the moment, we still pay salary to our staff.
- Have 51 rooms in total which is spread on 4 floors.
- The hotel is currently under renovation process and we aren't generating sales at the moment.
- Prior to the renovation process, we used to operate at an occupancy rate of 75%.
- Have two multi-cuisine restaurants with a capacity to accommodate 30 and 72 customers respectively. We also have a banquet hall.
- Also have a bar with a valid license that is attached to one of the restaurants.
- Our hotel rooms comprise of standard, deluxe and executive rooms. The facilities include car parking, TV, internet, AC.
- Have a 4 star rating on TripAdvisor and we are one of the top 4 hotels in the area.
- Even though our hotel is not operational at the moment, we still pay salary to our staff.
Products & Services Overview
Hotel with 51 rooms, multi cuisine restaurant, bar and banquet hall.
Assets Overview
Land & building with 51 rooms, 2 restaurants, 1 banquet hall, multiple furniture.
Facilities Overview
39,000 Sq Ft built up area spread across four floors.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Healthcare, Thanjavur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Kumbakonam, Business Broker connected with the Business
-
Earlier than 15 daysManaging Partner, Mumbai, Financial Consultant connected with the Business
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