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Luxury Hotel for Sale in Bangalore, India

For Sale: 4-star deluxe business class hotel in the centre of the Bangalore City.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 2.08 million
Run Rate Sales USD 2.08 million
EBITDA Margin 10 - 20 %
Industries Luxury Hotels
Locations  Bangalore
Local Time 1:40 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 21 million (Native Currency: INR 1,800,000,000)
Reason: The owner wants to sell this property and invest in other projects. The advisor will not charge any... View More
Includes physical assets worth USD 16.6 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Bed Room
Business Overview
- 28-year-old well maintained 4-star deluxe hotel with various amenities and updated interiors located in the heart of Bangalore, available for sale, promising a blend of luxury and business-class efficiency.
- Nestled in a prime urban location, surrounded by luxury hotels, business districts, fine-dining options, and designer boutiques, appealing to both high-net-worth individuals and international tourists.
- Comprising 78 deluxe rooms, 12 executive rooms, and 6 suites, the hotel provides upscale lodging tailored to meet the demands of premium travelers and business executives.
- The hotel is equipped with a well-maintained banquet hall, ideal for hosting corporate events, weddings, and social gatherings, enhancing its appeal to a diverse clientele.
- Recognized as the 2nd best hotel in Bangalore by Trip Advisor before Covid, this prestigious establishment continues to benefit from high customer loyalty and brand equity.
- With an average occupancy rate of 70%-75%, peaking during summer and winter months, the hotel showcases consistent demand within the competitive landscape of Bangalore's luxury hospitality sector.
- The hotel is operational with essential licenses such as a boarding and lodging trade license, liquor license (CL 6A), and pollution/fire license.
Products & Services Overview
Features 78 deluxe rooms, 12 executive rooms, and 6 luxurious suites, providing upscale accommodations for premium travelers and business executives. Additionally, the hotel includes a spacious banquet hall, perfect for hosting corporate events, weddings, and social gatherings. Guests can enjoy dining options at its in-house restaurant and relax at the restobar, catering to a variety of culinary preferences. Customers include high-net-worth individuals, international tourists, and local business professionals seeking luxury and convenience.
Assets Overview
Physical assets include the land, building property, furniture, fixtures and other associated equipment which are about 80% of the total selling price.
Intangible assets are the licenses available:
- Boarding and lodging trade license.
- Liquor license: CL 6A.
- Pollution/ fire license.
All ESI and provident fund related to labour and staff are also timely updated.
Facilities Overview
■Land – 17,000 sq ft (100×170)
■Super built – 61,000 sq ft (approx)
- 6,783 sq ft each floor (approx)
- Basement, ground, mezzanine, service floor, 6 guest floors and terrace.
■96 rooms, equipped with centralized a/c, smoke detectors and sprinklers.
■78 deluxe rooms, 12 executive rooms and 6 suites rooms.
■ Gym and spa.
■ 1 restaurant, 1 restobar, 1 banquet hall, 1 board room and 2 kitchens.
■ OTIS elevator: 2 guest elevators and 1 service elevator.
■ Parking: 20 car parking, 10 two wheeler guest parking and 10 two wheeler staff parking.
Capitalization Overview
This is a family run business.
This is a crystal clear documented property with no liabilities.
Recent Activity
  • Earlier than 15 days
    Founder And Principal Strategist, Mumbai, M&A Advisor connected with the Business
  • Earlier than 15 days
    CEO, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Hotels, Mumbai, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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12 Buyers already contacted this Business. Register below to connect now!
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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