Hotel Management Business Investment Opportunity in Bengaluru, India
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 200 - 300 thousand |
Run Rate Sales | USD 206 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Hotel Management |
Locations | Bengaluru |
Local Time | 7:25 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Have a team of professionals each with over 20 years of experience in the hospitality industry.
- Our current revenue model is under the outright lease model, we take charge of the operations from day-to-day activities, in-house restaurant, spa management to sales and marketing for a monthly rent paid to the hotel owner.
- We have two hotels budget-friendly hotels under our management as of now. We pay a total monthly lease rent of INR 7,00,000 to the owner.
- Each hotel has 40 rooms with a price range of INR 1,500 to INR 2,500 per night.
- Due to Covid-19, the occupancy rates have fallen to 30% to 40% from 70% and we have seen a drop in our revenues.
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Earlier than 15 daysManager, Residential Real Estate Development, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSoftware Manager, Consumer Goods Retail, Bengaluru, Individual Investor / Buyer connected with the Business