Luxury Hotel for Sale in Chennai, India
Beautiful luxury 4-star hotel with 96 rooms, bar and restaurant for sale in Chennai.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 3.3 million |
| Run Rate Sales | USD 3.3 million |
| EBITDA Margin | 30 % |
| Industries | Luxury Hotels |
| Locations | Chennai |
| Local Time | 12:24 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
18.3 million
(Native Currency: INR 1,600,000,000)
Reason: Owner wants to focus on another business.
- Price is slightly negotiable.
- We will charge a commi...
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Includes physical assets worth
USD
18.3 million
Business Overview
1. Beautiful 4-star luxury hotel with 96 rooms, bar and restaurants located in Chennai.
2. Includes a lobby and restaurant on the ground floor, a bar and restaurant on the first floor, and a conference hall and reception.
3. Up-to-date bar license, CMDA clearance certificate, and property tax paid.
4. Car parking for 60 vehicles and two-wheelers parking of 200nos, all CMDA approved.
5. 40 employees ensure a well-run operation.
6. Located in a desirable, growing area of Chennai.
7. An ideal opportunity for investors looking to enter the luxury hotel market.
2. Includes a lobby and restaurant on the ground floor, a bar and restaurant on the first floor, and a conference hall and reception.
3. Up-to-date bar license, CMDA clearance certificate, and property tax paid.
4. Car parking for 60 vehicles and two-wheelers parking of 200nos, all CMDA approved.
5. 40 employees ensure a well-run operation.
6. Located in a desirable, growing area of Chennai.
7. An ideal opportunity for investors looking to enter the luxury hotel market.
Products & Services Overview
4-star hotel with 96 rooms,Ground floor = lobby & restaurant,
First floor = bar & restaurant,
Conference hall and reception are also available.
Assets Overview
All the assets are included with the entire building, land, interiors, furniture and other items.
Facilities Overview
Own property in Chennai's central area.Built up area = 70,000 sqft.
Total rooms = 96 rooms.
Normal rooms = 80 rooms.
Suit rooms = 8 rooms.
Deluxe rooms = 8 rooms.
Capitalization Overview
The property is clearly held by an individual person and his family, not a group or partnership firm or organization.Business does not have any liabilities.
Recent Activity
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Earlier than 15 daysGeneral Manager, Coimbatore, Financial Consultant connected with the Business
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Earlier than 15 daysPartner, Ponneri, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysManaging Director, Bag Manufacturer, Salem, Individual Investor / Buyer connected with the Business
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