Operational 5 Star Hotel for Sale at Mumbai International Airport
Product / Service
Hotel operational since 2010 having 10 years management and operational tie up with international hotel management company. Full service hotel with 226 rooms, State of the art restaurant and coffee shop, 10,000 sq.ft. Banquet area , fitness center , roof top swimming pool. (226 rooms + Banquet + meeting rooms + fitness center) Owned by hotelier group having several hotels in state of Maharashtra and other diversified business interest. Land area 5150 aprox. Carpet Area: 1,41,000 sq.ft Construction: 2 basement, ground floor+ podium + service floor, 7 upper floors, terrace with fitness area and swimming pool. Location: International Airport: 2 km form International Airport. Metro station: walking distance to metro station. Western express highway : 3 km to Weston express highway. Operations: Occupancy: 75% average occupancy. ARR(Average Room Rate): Rs. 5500/- Asking Price: Rs. 400 Cr. (Negotiable)
Reason
Looking for sell of business or 50 % equity sell due to reduce cost of capital and pay of banks load to make business operations viable.
Keywords
₹10 to ₹200 Cr
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