Hotel Management Business for Sale in Chennai, India
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 |
- 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.
- We are currently running 3 hotels with a total of over 50 rooms and a banquet hall.
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Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Food Retailer, Bergen, Individual Investor / Buyer connected with the Business