Hotel Management Business Investment Opportunity in Bangalore, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 240 thousand |
Run Rate Sales | USD 300 thousand |
EBITDA Margin | 15 % |
Industries | Hotel Management |
Locations | Bangalore |
Local Time | 10:04 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We are a hotel management company that is currently managing a hotel in Bangalore.
- The hotel has 32 rooms as well as additional facilities like a restaurant and banquet hall.
- We have taken the hotel on a management contract for 7 years. While the hotel is under our management we pay the hotel expenses and a negotiated ROI to the owners and keep the remaining amount as our profit.
- Have an occupancy rate of 55% and we are looking to increase it this year since it's still only been a year of operations.
- Hotel has a 4.2 star rating on its Google page with over 194 reviews.
- Promoter has over 20 years of experience in the hotel management industry.
- Company is now looking to sign a management contract on another hotel in Bangalore.
- The new hotel that we will be managing has 40 rooms as well as a restaurant.
- This property would also be taken on a management contract for 7 years.
Hotel management company running a 32 room hotel with a restaurant and banquet hall.
Hotel has a leased land area of 5,000 Sq Ft. The built up area of the hotel is 17,000 Sq Ft. The office is located inside the hotel.
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Earlier than 15 daysDirector, Investment Fund, Dubai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Chemicals, Kanpur, Corporate Investor / Buyer connected with the Business