Hotel Management Business for Sale in Chennai, India

Hotel, serviced apartment, restaurant management service provider in Chennai with 3 properties on contract.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 63 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
8:59 AM Chennai
Listed By
Management Member
Status
Active
Overall Rating
Full Sale
Asking Price: USD 66 thousand (Native Currency: INR 5,000,000)
Reason: Switching to a new business.
Includes physical assets worth USD 53 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Chennai based hotel business operating for 8 years.

- We undertake hotels, serviced apartments, restaurants on lease and run the business.

- We currently have 3 properties in Chennai.

- 1st property has 15 rooms with a restaurant, 2nd property has 18 rooms and 3rd property has 20 rooms with a banquet hall.

- All our properties are located in prime locations.

- Registered on booking platforms such as Bookings. com, Goibibo, Yatra, Makemytrip, Oyo for online bookings.

- Lease contract of the properties vary from 2-5 years and it can be extended.

- We also take bookings for weddings and functions.

- We generate revenue from room and banquet hall bookings from direct walk-in customers and from various booking platforms.

- Physical assets include the furniture and interiors in some of the hotel properties.

Products & Services Overview

- We undertake and manage hotels, serviced apartments, restaurants, guest rooms.

- We are currently running 3 hotels with a total of over 50 rooms and a banquet hall.

Facilities Overview
Recent Activity
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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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