Hotel Management Business Investment Opportunity in Jaipur, India
Established | 1-5 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Consulting + 1 more |
Locations | Jaipur |
Local Time | 6:30 PM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- We operate on a lease and revenue share model. We would enter into management contracts with our clients. These management contracts would range from 3 - 5 years.
- The business has not generated any revenue yet.
- We will be charging a commission of 7% - 8% on the total revenue for providing our services besides charging a fee. The operation expenses will be borne by the client itself.
- We will be sharing 18% - 22% of the revenue with our clients on the revenue sharing model.
- We are engaged in the final stages of discussions with over 32 clients. They include hotels such as Clarkson, Lords, Club Mahindra and Keys. Out of these, we plan on short-listing and starting work with 4 - 5 clients immediately once the lock-down has been lifted. We will be providing hotel management services to them either on the basis of the aforementioned revenue sharing model or lease model.
- The business has 55 - 70 employees with 30% of them being on the company's payroll.
- In the future, we also want to purchase, establish, equip or acquire hotels or restaurants across the globe and act as collaborators, technicians, financiers on these projects.
- Promoter was a director of business development for 3 micro brands and has been working for 22 years out of which 14 years were spent in the hospitality industry.
Rented a corporate office with an area of 1,200 square feet. Paying a monthly rent of INR 25,000 and have already paid a security deposit INR 1,50,000.
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Earlier than 15 daysFounder & CEO, Delhi, Business Broker connected with the Business
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Earlier than 15 daysVice President, Investments, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Hospitality & Real Estate, New Delhi, Corporate Investor / Buyer connected with the Business