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Hotel for Sale in Trichy, India

For Sale: Trichy based hotel receiving 200-500 guests and has a total of 53 rooms.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 500 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 10 %
Industries Hotels
Locations  Trichy
Local Time 3:30 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 9 million (Native Currency: INR 742,500,000)
Reason: Looking to sell this business, as promoters want to relocate and venture into a different business. ... View More
Includes physical assets worth USD 9 million
Documents
Hotel Brochure
Hotel Front
Hotel Entrance
GST Certificate
Business Overview

- A hotel based in Trichy, Tamil Nadu.

- This is a 2 star hotel and is located near the banks of river Cauvery, providing great views from the rooms.

- There are a total of 53 rooms: 24 standard rooms, 12 executive rooms, 12 premium rooms, 5 family suites.

- Hotel has a wedding hall, 3 halls, 4 muliti-cuisine restaurants with 50 seating capacity, and 1 pure veg restaurant with 60 seating capacity.

- Our facilities are well equipped with LED Television, satellite channels, bathroom with shower, 24 hour running hot and cold water to meet expectations of both leisure and business travelers.

- Wedding hall has the capacity to accommodate 2,000 guests at a time.

- 3 banquets halls are used for various functions, parties and ceremonies.

- We have corporate tie-ups with more than 30 companies who use our hotel accommodations regularly.

- The occupancy rate of the hotel is 70-75% throughout the year.

- 40-50% of the revenue is from marriage and party bookings. The remaining revenue is from hotel room bookings.

- Our hotel is listed on major travel portals such as TripAdvisor, MakeMyTrip, Booking and Cleartrip. We promote our hotel through digital marketing and advertising.

- On an average, we receive between 200 to 500 guests in a month.

- Other Specifications - Full fire safety sprinkler systems, 4 OTIS Lift, Hitachi Centre line AC- 260 tons, 600 KVA Caterpillar Generator, 600 KVA mega indoor transformer, HD Power 400KVA, Intercom full area, 2,000 LPH RO System, 2,000 LPH water softener, 120 CCTV cameras, 3 fully equipped kitchens.

- Revenue has decreased this year due to COVID-19.

- Physical assets include land and building, interiors, furniture and kitchen equipment.

- Buyer would get the complete business and physical assets, along with website, brand and miscellaneous items related to the business.

Products & Services Overview

Hotel with 53 guest rooms and family rooms, 5 restaurants, 24 hours room service, car hire, money exchange, doctor on call & free car parking.

Guest room features - Complimentary wireless high-speed internet flat screen HD television. The new bed high thread count linens, luxurious duvets and comforters, and pillows.

Independent air conditioning, laundry facility, tea / coffee making facility, safety box, hair dryer, telephone.

Banquet & Events Space - wedding hall and 3 banquet halls, AV / Equipment, Projector Screen, Inbuilt speakers Video.

Assets Overview

Physical assets include land and building, interiors, furniture and kitchen equipment.

Facilities Overview

Hotel is company owned and has a land area of 13,600 Sq. Ft. Building has a built up area of 70,000 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    AVP, Mumbai, Financial Advisor connected with the Business
  • Earlier than 15 days
    Independent Advisor, Bangalore, Financial Consultant connected with the Business
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.
This transaction has concluded. View similar business opportunities on SMERGERS
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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