Profitable Hotel for Sale in Bangalore, India
Fully functional 3 star hotel business with 30+ rooms, serving 400-500 guests per month.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 640 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Bengaluru |
| Local Time | 9:32 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
1.27 million
(Native Currency: INR 120,000,000)
Reason: Want to reinvest in other businesses.
Includes physical assets worth
USD
1.17 million
Interested to connect with advisors
Documents
General License
(538.8 KB)
Form C
(281.7 KB)
Partnership Document
(2.5 MB)
Business Logo
(12.1 KB)
GST Certificate 1
(59.7 KB)
GST Certificate 2
(47.5 KB)
Business Overview
- 3 star hotel located in Bangalore having more than 30 rooms. The hotel is close to a major public utility building.
- Each room has a separate toilet, shower, flat screen TV, WiFi and central heating facility.
- Hotel has licensed bar & restaurant, two banquet space for events, business meetings and small parties, coffee shop, spa, gym, a garden, swimming pool and parking space.
- Occupancy rate is more than 70% throughout the year.
- Our restaurant has a seating capacity of 50 pax and has a fully equipped kitchen.
- Banquet halls can accommodate 100 people.
- There is a major expansion activity going on in the region which would increase business activity in a major way including travelers visiting in and out of the city.
- Assets include bar license, kitchen equipment, furniture, and interiors.
- Each room has a separate toilet, shower, flat screen TV, WiFi and central heating facility.
- Hotel has licensed bar & restaurant, two banquet space for events, business meetings and small parties, coffee shop, spa, gym, a garden, swimming pool and parking space.
- Occupancy rate is more than 70% throughout the year.
- Our restaurant has a seating capacity of 50 pax and has a fully equipped kitchen.
- Banquet halls can accommodate 100 people.
- There is a major expansion activity going on in the region which would increase business activity in a major way including travelers visiting in and out of the city.
- Assets include bar license, kitchen equipment, furniture, and interiors.
Products & Services Overview
Two banquet halls, licensed bar and restaurant, coffee shop, spa, gym and indoor games.Another 2 acres of additional space which is a commercial converter land is being developed for parties and events.
Assets Overview
1.14 acres of land leased for 30 years with a monthly rent of INR 2 lakhs, party hall, complete hotel building with 33 rooms, swimming pool, bar & restaurant license worth INR 1.5 crores, advance amount of INR 60 lakh to the land owner which is refundable, all the assets in hotel including kitchen items, fire equipment and all connected assets of the building.
Facilities Overview
Leased 1.14 acre land for 30 years. Hotel is built on this land.Another 2 acres of land is leased for 15 years for parties and events.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysAdvisor, Hyderabad, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Investment Fund, Dubai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD, Chennai, Commercial Real Estate Broker connected with the Business
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