Well Established 3-Star Hotel for Sale in Bangalore
Product / Service
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.
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
{{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