Profitable Hotel for Sale in Koramangala, India

For Sale: Hotel with 2 restaurants at a prime location currently in agreement with BMCRI.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 270 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Bangalore + 1 more
Local Time 6:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 2.7 million (Native Currency: INR 200,000,000)
Reason: Owner has some personal and family reasons.
Includes physical assets worth USD 2.7 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- This boutique hotel is located in a commercial and prime location in Bangalore. We have over 25 luxurious rooms.

- Prior to the pandemic, we were tied up with Fab Hotels and then with OYO. We don't plan on renewing the contract. During those times, the hotel had an occupancy rate of 80%.

- Currently, we are shut to the public. However, we are offering quarantine services to doctors and have reached an agreement with BMCRI. Hotel has a 100 percent occupancy rate but prices have been reduced by over 50%.

- Besides that, we also have a specialty restaurant (60 pax) a BBQ lounge with bar (150 pax) and a conference room. The BBQ lounge has been closed for a while due to renovations.

Products & Services Overview

We offer hotel accommodation and dining services to our clients.

Assets Overview

The entire hotel, restaurant and lounge with all the associated infrastructure.

Facilities Overview

The property has a land area of 4,000 square feet and a built up area of 20,000 square feet. The building has a basement, ground + 4 floors. It is owned by the business.

Recent Activity
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.
Contact 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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more