Well Established Hotel for Sale in Namakkal

Listing IDSL003416 Ticket Size2-5 Crore Last Year TurnoverINR 2,50,00,000 Verification Status Pending
  • Well Established Hotel for Sale in Namakkal

Business Details

This hotel was established in 2010. It is a sole proprietorship business. This is a 2 storeyed hotel with 25 rooms(15 AC and 10 Non AC). It is located at a prime location in the city.
The area of the premises is around 10000 sq. ft. Its current valuation is around 3Cr. There is an in-house restaurant in the hotel serving Indian and Chinese cuisines. The occupancy in the hotel is generally around 60%. Currently, more than 40 people work in the hotel. The other services provided by the hotel are Laundry, Parking facility, Elevator and a Mini Conference room.
The previous year financial revenue is INR 2.5Cr with a profit of almost 25 Lakhs. The owner is looking to start a new venture and hence is willing to sell this off. The Asking price is INR 4Cr(Negotiable)

Last Years Gross ProfitINR 25,00,000 EBITDAAvailable on request
Total Views511 Buyers Contacted3
IndustryHotel, Resort, Guest House, Private Club LocationNamakkal
Business TypeSole Proprietorship Started in 2010
Transaction TypeFull Sale Last Active2+ months ago
ReasonDiversification

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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