Newly Established Business Hotel in Bangalore Is Looking for an Exit

Available on Introduction
Listing IDSL006978 Asking Price (in INR) INR 1.75 Crore Last Year TurnoverINR 12.00 Lac EBITDA/ Operating Margin % 15%

Business Details

PRODUCTS & SERVICES

24 rooms business hotel with gym, conference room, reception & a rooftop restaurant.

CLIENTELE

Business travellers, corporates

PREMISES

On rental agreement for 9 years. Asking price includes building advance.

OTHER DETAILS

This Hotel business is operational since November 2018.
It is located at a premium locality.
It is a G+4 building with 24 rooms business hotel with high end imported furniture with a mini gym, conference room, reception & a rooftop restaurant.
It has an 80% occupancy rate.
Land area is 2400 sqft and build-up area is 12000 sqft.
Monthly rent of the hotel is INR 5 lakh and the security deposit is INR 40 lakh.
Average monthly revenue is INR 12 lakhs.
Asking price is INR 1.75 cr

ASKING PRICE INCLUDES

All Room furniture, fittings, minibar, restaurant furniture, kitchen equipment, posh imported mirrors, deposit, false ceiling, ACs, imported lights and more.

IndustryHotel, Resort, Guest House, Private Club LocationBangalore
Total Views222 Last Active2 days ago
Entity typeSole Proprietorship Started in 2018
Transaction TypeFull Sale Employees10
ReasonGoing abroad

Please note: Documents collected for our review only. These will not be shared with any third party.
Verification of the listing does not imply that Asking price reflects the valuation of the business

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