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 |
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
Domain-Verification.pdf
(213.1 KB)
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.
- 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
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Director, Facility Management, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Food Retailer, Bergen, Individual Investor / Buyer connected with the Business
Tags:
Hotel Management Business for Sale in Chennai, India
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·Buy Hotel Management Business in Chennai, India
·Hotel Management Business for Sale in Madras
·Purchase Hotel Management Business in Madras
·Buy Hotel Management Business in Madras
·Hotel Management Business for Sale
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