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Hotel for Sale in Vadodara, India

For sale: Vadodara's budget friendly business hotel that has 37 air conditioned rooms.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 35 thousand
Run Rate Sales USD 42 thousand
EBITDA Margin 15 %
Industries Hotels
Locations  Vadodara
Local Time 10:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 820 thousand (Native Currency: INR 70,000,000)
Reason: The promoter is relocating to their native place. The valuation is based on the land owned by the bu... View More
Includes physical assets worth USD 580 thousand
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Business Overview
- Budget friendly business hotel in Vadodara.
- Our hotel has 2 floors and has 37 air-conditioned rooms.
- The per room charges starts from INR 1,000.
- The occupancy rate varies between 20% to 30%
- The hotel also has a dining area, a conference room, and an open terrace.
- Mostly our customers come for business stays and on average we host 2 conference meetings in a month.
- Our company was registered as a private limited in Patan in1997 but we started our operations in Vadodara in 2000.
Products & Services Overview
Standard rooms, budget rooms, deluxe rooms, and executive rooms are available at the hotel.
Assets Overview
Land, room interiors, 37 air conditioners, beds, kitchen equipment, and lifts.
Facilities Overview
The hotel covers an area of 25,000 sq. ft. across 2 floors and has 37 rooms. The land is owned by the business.
Capitalization Overview
Not Disclosed
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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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