Profitable Hotel for Sale in Ooty, India

For Sale: Hotel in Ooty with 35 rooms, a restaurant, and an FL-3 bar license.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 400 thousand
EBITDA Margin
70 - 80 %
Industries
Locations
Local Time
9:02 PM Tiruppur
Listed By
Business Owner / Director
Status
Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: INR 100,000,000)
Reason: Owner wants to retire.
Includes physical assets worth USD 1.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Property Tax
Trade License
Business Overview

- Business runs a hotel in Ooty, a well known tourist place. Started operations in 2013.

- This property consists of Separate documents Registered under the same person, and based on the buyer’s preference the required part of the property can also be sold from our end at a fair valuation.

- There are a total of 35 rooms - 14 Deluxe Rooms, 16 Premium Rooms, 3 Family Rooms, 2 BHK Family Friendly Independent Studio Suite Room.

- We also have 1 Dormitory that can accommodate 15 to 20 guests.

- All rooms have been recently renovated.

- Total extent of 72 cents.

- There is a multi-cuisine restaurant available that has a maximum seating capacity of 60 individuals.

- 2 conference / banquet halls having an area of 2,500 and 1,000 Sq. Ft.

- 7 Rent-able Mini Shops, 2 Store Rooms, 1 Warehouse, 2 Staff Rooms, 3 Open Terrace (7,900 Sq. Ft, 3,700 Sq. Ft and 1,400 Sq. Ft. ), A Separate Office Room With One Bedroom and Attached Bathroom (For The Property Owner).

- Ample car parking area available with a space to occupy 50 cars.

- Vacant land of 45 to 50 Cents is available to construct 75 to 100 Rooms for further development of the property. We have the construction plan for it and can be passed on to the new owner.

- FL-3 Bar License is available but has to be renewed if a bar is being operated at the hotel.

- Two wells are available with a water output of 25,000 to 50,000 Liters of water on daily basis. There is water scarcity in Ooty, but having 2 wells at our property prevents us from facing any problems.

-1 Water Sump with a capacity to hold 1,50,000 Litres.

- Total Constructed Area is more than 30,000 Sq. Ft.

- Price is Negotiable.

Products & Services Overview

Accommodation for Guests, Concierge service, Restaurant, Bar, In-room dining, Room Service, Complimentary gourmet continental breakfast and beverages, Lunch service (As per the Guests Menu), Dinner arrangement (As per the Guests Menu) with Camp Fire and Disc Jockey, Locker Room service, Conference / Banquet Hall, Free Wi-Fi in all rooms & in the entire property, Satellite TV, Lounge area, Wake up call, Sightseeing, Vehicle Hire, Travel Desk, Gated Parking Space.

Facilities Overview
Recent Activity
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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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