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

EBITDA Margin

Industries

Locations

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Status

8.6 / 10

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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

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Business Name

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Documents

Domain-Verification.pdf

Domain-Verification.pdf (213.1 KB)

ROC-Verification.pdf

ROC-Verification.pdf (59.2 KB)

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

1 week, 5 days ago

Senior Management, Automotive, Chennai, Individual Investor / Buyer connected with this business

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Hotel Management Business for Sale

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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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