Listing Details : LB-15164

Asking Price 90 Crs
Turnover 9.7 Crs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

A well-established 3-star hotel in Mumbai, operational since 2015, is now available for sale. The property spans a total area of 18,500 sq.ft. with a built-up area of 26,000 sq.ft. It features 45 well-appointed rooms, including 5 luxurious suites and 40 deluxe rooms, catering to both leisure and business travelers. The hotel offers a range of amenities, including a spacious banquet hall with a capacity of up to 100 guests, ideal for corporate events and social gatherings. There is also a mini party room, a rooftop terrace, a conference room, a swimming pool, and an on-site restaurant that can accommodate up to 50 guests, providing a great dining experience. We have established partnerships with all major online booking platforms like Goibibo, MakeMyTrip, and more, ensuring a steady flow of bookings. Additionally, the hotel has strong corporate tie-ups, enhancing its occupancy rate. This is a profitable business opportunity with significant potential for growth in the hospitality industry.

Year of Establishment

2015

No. of Employees

50

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

It features 45 well-appointed rooms, including 5 luxurious suites and 40 deluxe rooms, catering to both leisure and business travelers. The hotel offers a range of amenities, including a spacious banquet hall with a capacity of up to 100 guests, ideal for corporate events and social gatherings.

Growth Potential

Very High

Reason For Sale

Busy in other businesses

Financial Details

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