Well Established 3-Star Hotel for Sale in Bangalore
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About Business
This hotel was established in 2016 in Bangalore. It is situated in a prime location Korum Mall Bangalore. This is a private limited company. The Bangalore International Airport is 11 KM from Hotel. Business parks of MNCs are located at a modest distance from the Hotel. The Built up area of the hotel is 7200 sq. ft with monthly rent of INR 4.93 lakhs. The hotel has paid INR 45 lakhs as security deposit. This is a 6 storeyed Hotel with 26 rooms (All Air-Conditioned). The rooms types are Executive, Deluxe, Premium, Executive Suite. The room tariff ranges from INR 1500 - INR 2500 They have regular customers and customers from travel portals. They are tie up with Fab hotels. The Hotel has 90% occupancy. The last year turnover was INR 1.20 Cr. The asking price is INR 70 lakhs.
Reason
Owners are relocating to abroad.
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₹10 to ₹200 Cr
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