Hotel for Sale in Zirakpur, India
75 room 4-star hotel on the main highway near Chandigarh border in Zirakpur for sale.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.05 million |
| Run Rate Sales | USD 1.12 million |
| EBITDA Margin | 20 % |
| Industries | Hotels |
| Locations | Zirakpur |
| Local Time | 5:26 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
8.2 million
(Native Currency: INR 700,000,000)
Reason: The directors are going abroad. The valuation is based on the physical assets and goodwill.
Includes physical assets worth
USD
9.1 million
Interested to connect with advisors
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Documents
Hotel Building
(77.4 KB)
Poolside view on the 6th floor
(638.1 KB)
Cafe on the ground floor
(948.5 KB)
Business Overview
- 4-star hotel with a cafe, restaurant, bar, swimming pool, and 2 banquet halls.
- Hotel is located on the main highway near the Chandigarh border and receives lots of tourists and residents.
- Hotel has 75 premium rooms with a 70% occupancy rate.
- It is a 9-story building with 3 basement floors used for underground parking, kitchen, and storage.
- Pre-COVID, the business had a turnover of INR 18 cr with 110 employees. Now the sales are recovering from the impact of the pandemic and the business is operating with 60 staff.
- We are an advisor representing the seller on the platform and will charge a 1% success fee. There are no upfront fees.
- Liabilities will be born by the seller if any.
- Hotel is located on the main highway near the Chandigarh border and receives lots of tourists and residents.
- Hotel has 75 premium rooms with a 70% occupancy rate.
- It is a 9-story building with 3 basement floors used for underground parking, kitchen, and storage.
- Pre-COVID, the business had a turnover of INR 18 cr with 110 employees. Now the sales are recovering from the impact of the pandemic and the business is operating with 60 staff.
- We are an advisor representing the seller on the platform and will charge a 1% success fee. There are no upfront fees.
- Liabilities will be born by the seller if any.
Products & Services Overview
4-star hotel with cafe, bar, banquet, swimming pool, and restaurant.
Assets Overview
Fully furnished hotel property and brand with all interiors and working staff.
Facilities Overview
Family-owned property of 2,500 yards, corner 9 storey building on the main highway.
Capitalization Overview
Not Disclosed
Recent Activity
-
5 days, 9 hours agoFounder And Strategist, Project Fund Architect, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Food Trading, Chandigarh, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
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