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Profitable Hotel for Sale in Bangalore, India

For Sale: Well established hotel of 22,000 sq-ft space, with furnished rooms, banquet & bar.
This transaction has concluded.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 3 million (Native Currency: INR 250,000,000)
Reason: The owner is moving abroad.
Includes physical assets worth USD 2.6 million
Interested to connect with advisors
Documents
Pitch Deck
Business Overview

- 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.

Products & Services Overview

Hotel with 27 rooms, banquet hall, resto-pub (food and alcohol), conference hall.

Assets Overview

Land, building, interiors, furniture, electronics, kitchen equipment, utensils & CL 7 license.

Facilities Overview

Owned hotel of about 22,000 sq ft built-up area consisting of 6 floors with each floor being 3,400 sq ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Advisor, Kolkata, Commercial Real Estate Broker connected with the Business
  • Earlier than 15 days
    Independent Advisor, Bangalore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Duty Manager, Hotel, Bangalore, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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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