Hotel Investment Opportunity in Kannur, India
3-star classified hotel with 21 rooms, multi-cuisine restaurant and function hall seeks investment for expansion.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | USD 480 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Hotels |
| Locations | Kannur |
| Local Time | 4:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
910 thousand
for
50.0%
stake
(Native Currency: INR 80,000,000)
Reason: Needs funds for clearing the debts. Our valuation is based on the sales and the investor would have ...
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Includes physical assets worth
USD
1.14 million
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Business Overview
- Established 3-star classified hotel in Kannur featuring 21 rooms, including suite, semi-suite, and deluxe accommodations.
- Well-diversified offerings with a multi-cuisine restaurant seating 40 guests and a function hall catering to 150 guests for events such as weddings and receptions.
- Currently employs 30 staff members, ensuring high-quality service and guest satisfaction.
- Robust online presence facilitating majority of bookings, showing a modern approach to customer engagement.
- Remarkable average occupancy rate of 70%, indicating strong demand and effective pricing strategies.
- Consistent year-over-year growth since establishment, demonstrating resilience and potential for further development.
- Seeking strategic investment for debt reduction and further investment will allow for additional expansion.
- Have GST and FSSAI license.
- Well-diversified offerings with a multi-cuisine restaurant seating 40 guests and a function hall catering to 150 guests for events such as weddings and receptions.
- Currently employs 30 staff members, ensuring high-quality service and guest satisfaction.
- Robust online presence facilitating majority of bookings, showing a modern approach to customer engagement.
- Remarkable average occupancy rate of 70%, indicating strong demand and effective pricing strategies.
- Consistent year-over-year growth since establishment, demonstrating resilience and potential for further development.
- Seeking strategic investment for debt reduction and further investment will allow for additional expansion.
- Have GST and FSSAI license.
Products & Services Overview
Hotel rooms - 21, bar, spa.Multi-cuisine restaurant - 40 Pax.
Function hall - 150 Pax - weddings, reception, meetup and so on.
Assets Overview
The business owns all the assets on the property, which include the land, building, and furnishings.
Facilities Overview
Total of 3 floors.Total built-up areas roughly 22,000 sq. ft.
Located in Vallithode, Kannur and is owned by the partners themselves.
Capitalization Overview
Bank loan of INR 3 crore with Bank of Maharashtra.The company has 2 partners.
Recent Activity
-
Earlier than 15 daysMarketing Manager, School, Delhi, Individual Investor / Buyer connected with the Business
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