Hotel Investment Opportunity in Bangalore, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Hotels + 1 more |
Locations | Bangalore |
Local Time | 8:35 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- We have a well-established spa chain with 5 branches in Bangalore.
- Now, we are looking to diversify into a hotel chain under the same legal entity but a different brand name.
- The business already has investors for the first two branches.
- One branch is under renovation and the other one is a new building.
- We plan to open these chains in Bangalore and Goa initially.
- One of the facilities has 23 rooms and the other one has 26 rooms.
- The operations will be started once the renovation is completed.
- Our hotel has already started receiving bookings and 30% of rooms are already booked.
- The business has three owners with 80%, 10%, and 10% ownership stake distribution.
- The business has not taken any loans previously.
We already have a chain of 5 spas in Bangalore. Currently, we are looking to diversify into hotels and resorts.
The business does not have any physical assets. All the assets are rented.
Intangible assets include the brand name.
We are in the process of having two hotels and resorts under our brand. The facilities will be on a rental basis.
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3 days, 9 hours agoAssociate Vice President, Hospitality, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Insurance, Singapore, Individual Investor / Buyer connected with the Business