A Luxury Hotel Is Available For Sale In Bengaluru.

Bengaluru, Karnataka, India

Hotels & Resorts

Asking Price
50 Crs

Category
Hotels & Resorts

Turnover
6 Crs

Sub Category
Hotels

Legal Entity
Partnership-LLP

Business Listed By
Business Owner

Established in the year 2001 a luxury hotel is available for sale in Bengaluru. This well-known establishment acts as a one-stop destination servicing customers both local and others. The business is running on the majority of the people coming from reference of the nearest hospital and 25% of the clients are from electronic city and the companies around. The total land area is 3,700 sq.m with a built- up area of 75,000 sq. ft. The hotel has two blocks in first block there are 90 rooms and in block two there are 65 AC rooms which are expertly furnished with all modern amenities and own lounge. The hotel have restaurant which serves vegetarian and non-vegetarian dishes from Bengali, north and south Indian cuisines an can accommodate 60 pax A/c + 60 pax Non A/c and 2nd it has a banquet hall with a rooftop conference hall with a capacity of 300 seating,500 floating with a pre-function arena. Hotel also has a ample parking area.

Year of Establishment

2001

No. of Employees

460

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

The total land area is 3700 sq.m with a built- up area of 75,000 sq. ft

Competition / Market

Na

Products & Services

24x7 Reception/Security with CCTV Camera and Lift on all floors. Ample Car Parking space Recreation & Sports Travel Desk/Currency Exchange. Free Wi-Fi/Computer for Guests use. Library Laundry & Dry Cleaning Services Uninterrupted Power & Water Supply Housekeeping twice a week Walking Path on adjacent Property

Growth Potential

Yes

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Retirement

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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