Overview

A 5 Star Classified hotel for sale in Kerala. The land area of the resort is 6.5 Acres & the constructed area of the building is 100000 SQ.ft. The hotel has 50 accommodation rooms including 2 suite villas. The Manager quarters has 2 bed rooms, living room, kitchen, Dining, the storeroom area is around 2000 sq.ft. There are 3 Halls of areas 15000 Sg.ft, 3000 SQ.ft, 600 SQ.ft respectively & Another 6000 SQ.ft hall under renovation. The resort has 3 Bars, 3 Restaurants & a Large swimming pool, 2 Small pools connected with Suites, Spa over an area of 2000 sq. ft, a Recreation Center, a car parking for around 300 cars, a Health club Open lawns (10000 SQ.ft) Curio shops Staff quarters 6000 SQ.ft, another 2 floors not utilised. one floor kitchen can produce 5000 meals per day that has not been utilised. 320 KVA Generator 500 KVA Transformer Power Laundry/ Dry cleaning machine Office block 10000 SQ.ft 3 kitchens Reception block Full fledged Fire fighting system Helipad, Presently 2 operators are using and for parking. The Monthly Income of the resort is 3 to 5 crore & the season Revenue is around 6 to 8 crore.

Year of Establishment

2017

No. of Employees

62

Current Status of Business

Others (yet to start)

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

The land area of the resort is 6.5 Acres & the constructed area of the building is 100000 SQ.ft.

Competition / Market

highly competitive market

Products & Services

Resort with 50 rooms, 3 kitchens Reception block Full fledged Fire fighting system Helipad ( Presently 2 operators are using and for parking )

Growth Potential

very high growth potential

Reason For Sale

work as a project seller

Financial Details

Listing Details : LB-11164

Asking Price 370 Crs
Turnover 18 Crs
Legal Entity Partnership-LLP
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker
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