Profitable Hotel for Sale in Bangalore, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 650 thousand |
EBITDA Margin | 30 - 40 % |
Industries | Hotels |
Locations | Bangalore |
Local Time | 9:18 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Hotel located in close proximity to the Bangalore International Airport.
- The hotel includes rooms, event space, and a vintage-style resto-pub.
- Banquet can accommodate up to 350 guests, the rooftop restaurant has 250 pax capacity.
- Occupancy rate of the hotel was 75-80% before the pandemic.
- Facility is closed due to the pandemic as per Karnataka Govt rules and will reopen next week once the lockdown is lifted.
- Promoter has over 5 years of experience in the hotel and restaurant industry.
- Entrepreneur with extensive exposure in the F&B industry in India & UK.
- Post-COVID the business has started to boom again but not to its full extent.
- It is a family-owned business and there is only one owner.
- The business is debt-free.
- Post the pandemic, we have started getting more guests due to which our sales have gone up.
Hotel with 27 rooms, banquet hall, resto-pub (food and alcohol), conference hall.
Land, building, interiors, furniture, electronics, kitchen equipment, utensils & CL 7 license.
Owned hotel of about 22,000 sq ft built-up area consisting of 6 floors with each floor being 3,400 sq ft.
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Earlier than 15 daysAdvisor, Kolkata, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysIndependent Advisor, Bangalore, Financial Consultant connected with the Business
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Earlier than 15 daysDuty Manager, Hotel, Bangalore, Individual Investor / Buyer connected with the Business