Profitable Hotel Available for Sale in Hyderabad
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This hotel is operational since February 2016. It is registered as a partnership entity and there are 3 partners. The premise is located in a prime location on the main road. There are total 4 floors. On the ground floor, they have tiffin and thali services, 1st-floor multicuisine restaurant, 2nd-floor banquet, 4th-floor lodging rooms and 3rd floor is empty.
Restaurant: The restaurant serves cuisines like North Indian, South Indian, Chinese, and Tandoor. Seating capacity of the restaurant is 150 and the daily footfall is 70.
Banquet: Fully Furnished and Air-Conditioned with a capacity of 300 people.
Lodging: There are total 12 AC deluxe rooms. The tariff for Non AC room is INR 2000 and AC room is INR 2500. Daily occupancy is 9-10 rooms.
The monthly rent of the premise is INR 4 lakhs and the total number of employees are 40-50. Area of each floor is 3850 sq.ft.
The turnover for the FY 2017-18 was INR 2.5 Cr. Net profit(Available on request). Asking price is INR 4 Cr (including complete set up) (Breakdown of asking price Furniture, Interior INR 3.5 Cr and reputation, goodwill INR 50 lakhs)
Reason
Partners are busy in other businesses
Keywords
₹10 to ₹200 Cr
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