Premium Location Hotel for Sale in Chennai
Email
Phone
Google
LinkedIn
Facebook
Product / Service
The well-established hotel started in the year 1980. The hotel is located in prime location in Purasavakkam High Road in Chennai city. The hotel is most sought after and preferred by travellers' due to its proximity to Chennai Railway station. The land is owned by the owner. The land area is 12,000 Sq.ft. The hotel has Ground + Three Floors. The Hotel has 39 rooms. The total carpet area of hotel is 50,000 sq.ft.
The Hotel has A.C. Rooms and Non A.C. Rooms. They have facilities of Single Bed, Double Bed, Triple Bed rooms. They are tied up with Just Dial, Indiamart, etc. They charge INR 800 for Non Ac and INR 1000 for A.C. The Hotel occupancy is always 100 percent during seasonal and 60-70% during non-seasonal. They have total 20 employees.
They have slowed down the business. The owner is aged and would like to retire and is not able to manage it now. The owner wants to sell the hotel with real estate.
The last year turnover was INR 1 crore. The asking price with real estate is INR 30 crores. (negotiable)
Reason
Unable to Manage
Keywords
Business Tags
₹10 to ₹200 Cr
Complete Investment Banking Solution in 120 Days
Seamless Fundraising/M&A transactions
Start your growth journey with our 25+ Years of Experienced Professional Team.
Share your ProposalYou may also like
Verified
{{listing.title}}
Frequently Asked Questions
How to contact a business opportunity?
Click on CONTACT BUSINESS button on the business opportunity page to get
connected. This allows you to gain access to contact details of opportunity
in exchange with your details.
Please note, getting contact detail of a business is called an introduction
and each membership plan has different introduction credits. If you do not
have any introduction credit in your account, you can neither connect nor
get the contact details of that business opportunity.
How does IndiaBiz verify the business information?
Business opportunity is either posted by the business owner or advisor.
After which, our team checks the information for completeness, language and
accuracy. Once the basic checks are met; only then the opportunity is
published.
We also get users feedback for the opportunities they contact and based on
their feedback, the opportunity maybe put on HOLD till further
clarification. Many opportunities are not published when it does not pass
through our internal procedure checks.
We sincerely request you to carry out complete due diligence before taking
the transaction ahead. In addition, the contact details of the business are
verified via phone / email.
What support can I expect from IndiaBiz?
Based on your membership plan you can get email/ phone/ online support
for communication with the other side, account queries, etc.
If you are looking for a specific type of business opportunity - our
Assisted Buying services can be useful.
Our Advisory team also provides support related to business valuation,
business plan documents, franchise expansion plan at a fee. Contact sales
team for more details on your requirements.
Click here to see how it works
