Hotel & Lounge Open For Part Exit In Pune
About Business
A well-established and fully operational hospitality venture located in a high-demand urban area. The property has built a strong reputation for quality service and consistent performance, benefiting from its proximity to key commercial zones and travel hubs.
The business operates with multiple revenue streams, including food and beverage services, and a vibrant lounge and nightlife offering. This diversified model ensures steady cash flow, with strong weekday occupancy driven by corporate clients and increased weekend footfall from leisure and social customers.
With a proven operational track record since inception, the business is positioned for further growth. Planned upgrades in infrastructure and amenities are expected to enhance customer experience and drive higher revenue potential.
Clientele type
Serves a diverse customer base including corporate travelers, business professionals, tourists, families, and nightlife patrons. The lounge attracts young professionals and social groups, ensuring strong evening and weekend revenue.
Premises
LEASED
Lease per month (in INR): 8.50 L
Security Deposit (in INR): 5.00 L
Carpet Area: 20,000 sq ft
The land on which the hotel is situated is currently under a lease agreement, and the owner has expressed willingness to renew the lease for an additional 5+5 years, ensuring long-term operational stability.
Asking Price Includes
The investors would get 50% ownership of the business.
Reason
Investment is sought due to the exit of an existing partner. The business has been operating successfully and now aims to undertake strategic renovations and upgrades. The funding will be utilized to enhance infrastructure, modernize interiors, and introduce improved amenities to strengthen market positioning and drive higher profitability.
More Details
The staff is fully operational and brings valuable experience in hotel and hospitality services. The hotel is recognized as one of the premium establishments in Pune, known for its high standards and quality service.
Business Tags
₹10 Cr to ₹200 Cr
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