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Hotel Investment Opportunity in Bhavnagar, India

Premium 5-star hotel with a thriving club seeks an investor for expansion and upcoming projects.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 2.3 million
Run Rate Sales USD 2.5 million
EBITDA Margin 32 %
Industries Hotels
Locations  Bhavnagar
Local Time 7:36 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Partial Stake Sale
USD 11.6 million for 49.0% stake (Native Currency: INR 1,000,000,000)
Reason: Business expansion and new business.
Includes physical assets worth USD 18 million
Interested to connect with advisors
Documents
Business Overview
Awards:
• India and Asia Book of Records awards winner.
• Won more than 100 awards.
• Best 5-star awards in the last 2 years.
• Best banquet awards.
• Best wedding venue awards.
• Best clean and hygienic property awards by the local authority.
- Best GOP and achieved all 7 years' budget.
- Growing from 39% to 70% occupancy.
- 20% annual revenue growth. From INR 20 crore last year to almost INR 22 crore this year.
- Have 1,000 HNI families as club members.
- Best wedding destination property in the district.
There is also an upcoming private villa project close to the hotel property. The upcoming project will have 220 villas, where each villa will have an exclusive helipad. The investor will get a stake in the existing hotel business, land, and the upcoming villa project for this investment of INR 78 crore.
Products & Services Overview
The hotel has:
- 55 Rooms.
- Clubhouse.
- Banquet.
- Cafe.
- Restaurant.
- Disco.
- Theatre.
- Villa.
- Adventure park.
- Liquor shop.
Assets Overview
- The owned plot of 23,000 sq. yards is valued at almost INR 132 crore (at INR 60,000 per sq. yard).
- Company fixed deposits are worth INR 30 crore.
- The infrastructure is valued at about INR 28 crore.
The total value of all the assets is well over INR 156 crore but we are offering this stake at an attractive valuation for investors.
Facilities Overview
Hotel with a built-up area of 1,75,000 sq ft construction on a 23,000 sq yard plot. The upcoming project will be located on the same plot.
The property is located in Bhavnagar.
The hotel has 55 rooms and 25 more are under construction.
Capitalization Overview
- Mix of own funds and bank loan.
- Pvt Ltd company with three directors,
- Had taken a bank loan of INR 35 crore out of which INR 15 crore is outstanding.
- The private limited entity is registered in Ahmedabad.
Recent Activity
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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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