1. Businesses
  2. Hotels, Restaurants & Food Services
  3. Telangana
  4. Mancherial
  5. SL014199
Edit Alert

A Luxurious and Well Designed Hotel is for Sale in Telangana

Listing ID: SL014199
Posted By: Owner
Last Active: 2+ months ago
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About Business

This luxurious hotel, which opened in September 2022, offers a unique blend of stunning decor, impeccable service, and top-notch amenities that provide both luxury and comfort. Our goal is to create an unforgettable experience for our guests, one that will leave them eager to return.

Whether it's a special event or a corporate meeting, we have the perfect solution with our top-of-the-line AC banquet halls and convention halls. Our halls can accommodate anywhere from 100 to 1000 people, and we also have a spacious lawn area that can hold up to 1200-1500 people.

We offer a total of 23 rooms and 5 banquet halls of varying sizes to suit any requirement. In February 2023, we successfully hosted 15 functions, and we currently have a room occupancy rate of 70%.

Additionally, we have allocated a space within our hotel premises for an in-house restaurant and gaming zone, which we believe can potentially boost our sales by a significant percentage.

Clientele type

We have been serving to walk-in customers and associated platforms like make my trip, goibibo, booking.com & expedia for getting new customers and marketing purposes.

Premises

OWNED

Premise Size: 38250 sq ft

Market Value (in INR): 25.00 Cr

Located in Mancherial, we are establishing ourselves as a prominent player in the hospitality industry by setting high standards. Our hotel is unique, featuring stunning interiors, exquisitely decorated banquet halls, and spacious, elegant guest rooms that are unmatched in the region.

Asking Price Includes

The complete business setup

Reason

We are not able to manage the business (because of some other things to focus on) and hence looking to sell it

Keywords

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Business Exit for ₹10 Cr – 200 Cr

Structured Transition Completed in 120 Days

Credible Buyer Connections, Confidential Discussions, and Seamless Closure

Supported by Advisors with 26+ Years of Experience

Contact IBGrid Team

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Before buying a A Luxurious and Well Designed Hotel is for Sale in Telangana, check:
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  • Source of financing the purchase
  • Amount of additional investment that will be required to grow business
  • Does the business have a second-line of management?
  • Are you going to run the business on a day-to-day basis or appoint some professional for the same?
  • What decisions are to be taken to improve the profitability of the business?
  • Time period of payback or return is envisaged from the business?
  • Any long-term strategic benefit or synergy with your existing business?
    • Will the clients continue with the business after the acquisition?

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