Newly Established Business Hotel in Bangalore Is Looking for an Exit
Product / Service
24 rooms business hotel with gym, conference room, reception & a rooftop restaurant.
Clientele type
Business travellers, corporates
Premises
On rental agreement for 9 years. Asking price includes building advance.
Asking Price Includes
All Room furniture, fittings, minibar, restaurant furniture, kitchen equipment, posh imported mirrors, deposit, false ceiling, ACs, imported lights and more.
Reason
Going abroad
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 95 lakhs
Keywords
Business Tags
₹10 to ₹200 Cr
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