Hotel for Sale in Vijayawada, India
Premium Vijayawada hotel property, restaurant, and banquet business with strong location advantages for sale.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 520 thousand |
| Run Rate Sales | USD 560 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hotels + 1 more |
| Locations | Vijayawada |
| Local Time | 10:51 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
3.65 million
(Native Currency: INR 350,000,000)
Reason: The owners are planning to exit due to their age and are now looking to retire, as their sons are in...
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Includes physical assets worth
USD
2.8 million
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Documents
GST Certificate
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Registrar of Firms
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Business Overview
- This business is a premium hotel property in Vijayawada, featuring 40 well-furnished rooms for both tourists and locals designed for comfort and relaxation.
- Business experiences an impressive occupancy rate of around 70% regularly, catering to both leisure and business travelers, with about 100 customers daily.
- The diverse offerings include hotel accommodation, a multicuisine restaurant, and spacious banquet facilities that is rented out for events.
- The restaurant can seat 50 guests, making it a popular choice for both walk-ins and online reservations, averaging to INR 400 per customer.
- Revenue generation stands at approximately Rs. 5 crores every year, with 70% from room bookings, 10% from restaurant services and 20% from banquet rentals.
- The banquet facilities that host an event once in 4 to 5 days, charging around INR 2 lakhs per event when occupied.
- The customers enjoy a rich stay experience with an average spend of INR 3300 per customer, and we are well-registered with the department of tourism.
- With 45 dedicated employees, we’re well-equipped to provide top-notch service and maintain high standards across all our facilities.
- Business experiences an impressive occupancy rate of around 70% regularly, catering to both leisure and business travelers, with about 100 customers daily.
- The diverse offerings include hotel accommodation, a multicuisine restaurant, and spacious banquet facilities that is rented out for events.
- The restaurant can seat 50 guests, making it a popular choice for both walk-ins and online reservations, averaging to INR 400 per customer.
- Revenue generation stands at approximately Rs. 5 crores every year, with 70% from room bookings, 10% from restaurant services and 20% from banquet rentals.
- The banquet facilities that host an event once in 4 to 5 days, charging around INR 2 lakhs per event when occupied.
- The customers enjoy a rich stay experience with an average spend of INR 3300 per customer, and we are well-registered with the department of tourism.
- With 45 dedicated employees, we’re well-equipped to provide top-notch service and maintain high standards across all our facilities.
Products & Services Overview
The business's primary services are hotel accommodation, banquets and multicuisine restaurant for both locals, tourists, leisure and business travelers.
Assets Overview
- Tangible assets: Land & hotel building, rooms, banquets and restaurant with furniture, tables, chairs, hotel equipment, kitchen equipment, fire essentials, generators, transformers, stabilizers, laundry equipment, air conditioners.- Intangible assets: GST certification, trade license, FSSAI license, tourism license, police approvals, labour license, fire license, customer base, goodwill.
Facilities Overview
This hotel property in Vijayawada features 40 rooms, 2 banquet halls, and a multicuisine restaurant. Spanning 24,000 sq. ft across G+5 floors, it includes both owned land and building located in the center of the city.
Capitalization Overview
The business is jointly funded by two partners, a husband and wife, each holding an equal share, and has an outstanding term loan of Rs. 4.50 crores from the bank.
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