Listing Details : LB-12820

Asking Price 35 Lacs
Turnover 42 Lacs
Legal Entity Proprietorship
Category Services
Sub Category Event Management
Business Listed By Business Owner

Overview

A hotel Management company has taken over a 7-month-old Newly constructed hotel on management contract is for sale in Bengaluru. The hotel is set up in the heart of the city, it has 18 rooms each room has a carpet area of 400 sq. ft. The total carpet area of the hotel is 7200 sq. ft (2 floors)with the rent per month is Rs 3Lac . It has parking for 10 four-wheelers. The hotel has 60%-70% occupancy regularly due to its location. The room tariff of the hotel is Rs2000-Rs2500. The revenue per month is Rs 6 Lacs-Rs 7 Lacs.

Year of Establishment

2023

No. of Employees

4

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

55 Thousand

Describe Property

N.A

Competition / Market

NEAR BY HOTELS.

Products & Services

HOTEL FOR SALE

Growth Potential

HIGH

Reason For Sale

shifting to other business.

Financial Details

Contact Business