Hotel Investment Opportunity in Bhopal, India
|Employees||5 - 10|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 270 thousand|
|Run Rate Sales||USD 320 thousand|
|EBITDA Margin||20 - 30 %|
|Local Time||7:33 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- The founder of the company is a MBA graduate from Illinois, Chicago and has done Mechanical Engineering from LNCT Bhopal. After master, he worked for Sun Life, Canada till 2017 and then moved to India to start an Indo-Mexican restaurant in Bhopal. In the duration, he simultaneously started working towards getting the permission of Hi-Rise hotel and which he eventually received in 2018.
- For setting up the boutique hotel, we have already acquired the land which is located next to 10 lane NH-12 and is also close to a petrol pump. The land is mortgage free and is in the name of my mother and father.
- This project is approved by all the local and national authorities (like Town and Country Planning Department, Local Electric Board, Municipal Corporation) with the land converted to commercial use. The land is situated on key location of Hoshangabad road within limits of Municipal corporation of Bhopal and is situated on the corner of two prominent roads.
- The hotel will have 150+ rooms and a three floor basement for 200+ car parking area. Due to its prominent and convenient location it will attract more than 170 weddings per year with a revenue of almost INR 10 lakhs per wedding.
- The promoter has experience of organizing more than 100 events which includes serving 500 guest per wedding.
- The company strives to provide an amazing overall full package Wedding Experience, Quality Dining Experience and Comfortable Accommodation.
1.29 acres of mortgage free owned land with developed garden and landscaping.
Earlier than 15 daysDirector, Civil Contractors, Mumbai, Corporate Investor / Buyer connected with the BusinessEarlier than 15 daysBusiness sent a proposal to the Investor / Buyer
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the BusinessEarlier than 15 daysBusiness sent a proposal to the Investor / Buyer
Earlier than 15 daysSenior Manager, Hospitality, Gurgaon, Corporate Investor / Buyer connected with the BusinessEarlier than 15 daysBusiness sent a proposal to the Investor / Buyer