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Hotel for Sale in Varkala, India

Beachside hotel with 14 boutique rooms catering majorly to international tourists in Varkala is for sale.
This transaction has concluded.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 180 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Varkala
Local Time 1:06 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 180 thousand (Native Currency: INR 15,000,000)
Reason: Business owner wants to relocate.
Includes physical assets worth USD 12 thousand
Documents
Business Overview

- Beachside hotel in a popular tourist area in Varkala.

- We have both garden cottages & sea view rooms. Altogether there are 14 AC rooms.

- Mostly we get foreign guests here and the total occupancy rate would be around 65%.

- Our hotel has ratings of 9.2 / 10 on bookings. com.

- It also has a restaurant with a seating capacity for 30 guests at a time.

- Facilities include a garden area, parking facility, free Wifi, airport transport, room service and a cinema theatre.

Products & Services Overview

Hotel & a sea view restaurant.

Facilities Overview

Total area size is 4,000 sqft and it is on rent. Rental agreement is valid for 6 more years.

Capitalization Overview
Not Disclosed
Recent Activity
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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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