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Hotel Management Business for Sale in Chennai, India

Hotel, serviced apartment, restaurant management service provider in Chennai with 1 properties on contract.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 56 thousand
Run Rate Sales USD 56 thousand
EBITDA Margin 20 %
Industries Hotel Management
Locations  Chennai
Local Time 12:47 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 58 thousand (Native Currency: INR 5,000,000)
Reason: Switching to a new business.
Includes physical assets worth USD 47 thousand
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
Have a rented office space and 3 hotels on lease in Chennai.
Capitalization Overview
Not Disclosed
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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