Hotels for Sale and Investment in Bhubaneswar

Established in the vibrant city of Bhubaneswar, this hospitality business runs two hotels, with the first operating for four years and the second just commenced operations last month. - The first hotel features 20 rooms, a luxury nightclub, a rooftop restaurant, and a café, offering a dynamic mix of nightlife and casual dining experiences. - The second hotel comprises 35 rooms, a fine-dining restaurant, a banquet hall, and a rooftop coffee shop with dedicated space for private events, positioning it as a versatile venue for both leisure and celebrations. - Together, the hotels offer 55 rooms and a broad range of amenities that cater to diverse guest preferences, including fine dining, casual cafés, entertainment, and event hosting. - Generating over INR 7 crores in annual revenue last year and a steady monthly sales revenue of approximately INR 60 lakhs, the business boasts a robust financial performance with an EBITDA margin of 30%. - Accommodation, food and beverage services have proven to be the primary revenue streams, capitalizing on the hotels' fine dining, cafe, and nightlife experiences that attract both locals and tourists. - With an average occupancy rate of 60%, the hotels maintain a strong customer base, experiencing only a slight dip during the monsoon season. - The business holds all essential registrations and licenses, including a Pvt Ltd registration, air and liquor licenses, FSSAI, and trade licenses, ensuring smooth and compliant operations. - Seeking investment for the strategic expansion plan of opening 10 more hotels over the next two years, the business aims to leverage its strong brand presence and existing market opportunities.