Popular 4 Star Hotel for Sale in Thrissur, Kerala

Listing ID: SL003606
Posted By: Owner
Last Active: 1+ year ago
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About Business

This profitable hotel was established in 2013. It is situated in a prime location and is well known in the city. Thrissur is a famous tourist location has a huge influx of tourists and travelers. This is a sole proprietorship business.
The area of the premises is 33000 sq.ft which is owned by the promoter. Currently, more than 50 people work over here. Most of these stay at the premises itself and are experienced in this industry. The Hotel has 2 Bars(Local and VIP), Restaurant, Coffee Shop, Gym, 2 Banquet Halls(Small and Big) with a supermarket just outside the premises. The restaurant is multi-cuisine serving both veg as well as nonveg delicacies. This is a 3 storeyed hotel with 15 rooms all of which are completely airconditioned. The occupancy is generally 100% due to various events like parties, social get-togethers, corporate meetings etc. They are particularly famous for their Bars which are great crowd pullers.
The Revenue per month generally ranges from 35-40 Lakhs with a margin of more than 40%. Since the promoter wishes to retire he is looking to sell this off. The Asking Price is INR 45Cr(including real estate)(Negotiable)

Reason

Retirement

Business Tags

Bar Licences Good reputation Large Area of Land tourist central location Very Premium Location well trained staff

₹10 to ₹200 Cr

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