Profitable Luxury Hotel for Sale in Chandigarh, India
For Sale Fully operational 5-star hotel managed by international 5-star brand with > 48% GOP.
| Established | 5-10 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.4 million |
| Run Rate Sales | USD 3.6 million |
| EBITDA Margin | 45 % |
| Industries | Luxury Hotels |
| Locations | Chandigarh |
| Local Time | 8:48 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
23 million
(Native Currency: INR 2,000,000,000)
Reason: Different business interest of all the promoters and other business commitments.
Includes physical assets worth
USD
20.6 million
Interested to connect with advisors
Documents
Rooftop Pool and Lounge
(43.6 KB)
ROC-Verification.pdf
(75.0 KB)
Business Overview
- Company owns an operational newly built property, there is a branding and management agreement for 20 years to manage the hotel with a globally reputed international 5-star brand which cannot be disclosed here for privacy reasons.
- Pre-Covid the hotel had an annual occupancy rate of 82.5%.
- The hotel has 4 banquet halls that are well equipped to host gatherings for 50-1,600 people.
- We advertise the rooms through various OTAs and our banquets have a good reputation among the local populace.
- The construction quality including plant, machinery, interiors, MEP, room amenities are all 5-star standard and as per the international specifications of all 5-star brands.
- Buyer will get complete ownership of the land, building, brand agreement, and all physical assets owned by the hotel.
- Total land: 6,600 sq. yd. ; the current market value of the land as per recent sale and purchase is at INR 85000/sq. yd.
- All in-depth details will be given during telephonic/in-person conversation. The hotel is very strategically located and is close to Chandigarh International Airport.
- Pre-Covid the hotel had an annual occupancy rate of 82.5%.
- The hotel has 4 banquet halls that are well equipped to host gatherings for 50-1,600 people.
- We advertise the rooms through various OTAs and our banquets have a good reputation among the local populace.
- The construction quality including plant, machinery, interiors, MEP, room amenities are all 5-star standard and as per the international specifications of all 5-star brands.
- Buyer will get complete ownership of the land, building, brand agreement, and all physical assets owned by the hotel.
- Total land: 6,600 sq. yd. ; the current market value of the land as per recent sale and purchase is at INR 85000/sq. yd.
- All in-depth details will be given during telephonic/in-person conversation. The hotel is very strategically located and is close to Chandigarh International Airport.
Products & Services Overview
100+ hotel rooms, all-day dining restaurant, bar lounge, rooftop restaurant, nightclub (yet to be functional), business centre, rooftop pool with lounge area, in-house gym, in-house spa with 3 therapy rooms and a salon, and in-house world class laundry.
Assets Overview
Land of approx 60,030 sq. ft. (6,670 sq. yd) and complete hotel property worth INR 200 crore. The land can be valued at the current market value of INR 85000/sq. yd.
Facilities Overview
Total built-up area: 1,65,000 sq. ft. spread across 100+ rooms of 4 categories of international 5-star standards with top-notch interiors and high room amenities.The room sizes vary from 40 sq. m. to 82 sq. m.
Over 20,000 sq. ft. of banquet halls and meeting space for a capacity of up to 1,600 guests.
An attached lawn with a ballroom of around 16,000 sq. ft.
Capitalization Overview
Overall debt is under 20 Crores only.4 shareholders are there.
Loan from nationalised bank. Can be taken over. .
Recent Activity
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Earlier than 15 daysFounder, Chandigarh, Commercial Real Estate Broker connected with the Business
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Earlier than 15 daysPromoter, Real Estate, Pune, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business
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