Need help?

Hotel Investment Opportunity in Bhubaneswar, India

Hospitality business in Bhubaneswar with 2 hotels, offering 55 rooms and diverse facilities, seeks investment.

Established 1-5 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 810 thousand
Run Rate Sales USD 840 thousand
EBITDA Margin 30 %
Industries Hotels
Locations  Bhubaneswar
Local Time 7:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 5.8 million for 15.0% stake (Native Currency: INR 500,000,000)
Reason: Expansion plans are driven by a strong brand presence and the opportunity to open 10 additional hote... View More
Includes physical assets worth USD 930 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Established in the vibrant city of Bhubaneswar, this hospitality business runs two hotels, with the first operating for four years and the second just commenced operations last month.
- The first hotel features 20 rooms, a luxury nightclub, a rooftop restaurant, and a café, offering a dynamic mix of nightlife and casual dining experiences.
- The second hotel comprises 35 rooms, a fine-dining restaurant, a banquet hall, and a rooftop coffee shop with dedicated space for private events, positioning it as a versatile venue for both leisure and celebrations.
- Together, the hotels offer 55 rooms and a broad range of amenities that cater to diverse guest preferences, including fine dining, casual cafés, entertainment, and event hosting.
- Generating over INR 7 crores in annual revenue last year and a steady monthly sales revenue of approximately INR 60 lakhs, the business boasts a robust financial performance with an EBITDA margin of 30%.
- Accommodation, food and beverage services have proven to be the primary revenue streams, capitalizing on the hotels' fine dining, cafe, and nightlife experiences that attract both locals and tourists.
- With an average occupancy rate of 60%, the hotels maintain a strong customer base, experiencing only a slight dip during the monsoon season.
- The business holds all essential registrations and licenses, including a Pvt Ltd registration, air and liquor licenses, FSSAI, and trade licenses, ensuring smooth and compliant operations.
- Seeking investment for the strategic expansion plan of opening 10 more hotels over the next two years, the business aims to leverage its strong brand presence and existing market opportunities.
Products & Services Overview
Offers a comprehensive range of products and services, including 55 well-appointed rooms across two hotels, fine dining and casual restaurants, rooftop cafés, a luxury nightclub, banquet facilities, and event spaces, catering to both leisure and business travelers, as well as local residents seeking upscale dining, nightlife, and event-hosting experiences. Core offerings are accommodation, food, beverages, and entertainment serve tourists, corporate guests, families, and event organizers, who utilize the hotels for overnight stays, celebrations, conferences, and social gatherings.
Assets Overview
Physical assets include the building interiors, furniture, fixtures and other associated equipment.
Facilities Overview
Two hotels currently leased on long-term agreements, located in Patia and Raghunathpur, Bhubaneswar.
- Hotel 1: 4 years old, built-up area of approximately 4,000 sq. ft. per floor, G+3 structure.
- Hotel 2: 5-storey building with a total built-up area of approximately 25,000–30,000 sq. ft.
Capitalization Overview
The current owners are two brothers, holding 80% and 20% stakes, respectively. There is an outstanding loan of INR 1.5 crore.
Recent Activity
  • 6 hours ago
    Executive Director, New Delhi, Financial Consultant 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.
Contact Business
1 Investor contacted this Business this week. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more