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Hotels for Sale in Koramangala

Showing 1 - 1 of 1 Hotels for Sale in Koramangala. Buy a Hotel, Motel, Lodge, 3 Star Hotel, 4 Star Hotel or a 5 Star Hotel.

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Hotel for Sale in Koramangala, India

For Sale: Hotel with 2 restaurants at a prime location currently in agreement with BMCRI.
- 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.
For Sale: Hotel with 2 restaurants at a prime location currently in agreement with BMCRI.
8   Koramangala
Run Rate Sales
USD 170 thousand
EBITDA Margin
40 %
Business for Sale
USD 2.4 Mn
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