Listing Details : LB-18913

Asking Price 500 Crs
Turnover 1.5 Crs
Legal Entity Private Limited
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

A premium 3-star hotel operating in Mumbai is now available for sale. The property features an 8-storey building with a total built-up area of 5.5 lakh sq ft, situated on a 2.5-acre plot. The hotel offers 65 well-appointed rooms, categorized into Classic, Deluxe, Super Deluxe, Luxurious, and Couples Special, with room sizes ranging from 650 sq ft to 950 sq ft. Key facilities include a conference room, banquet hall, restaurant with bar, swimming pool, and a fully equipped gym. The property also boasts ample parking space of 20,000 sq ft, including two underground parking levels. Strategically located to cater to business and leisure travelers, the hotel enjoys consistent occupancy and revenue. The current owners are seeking to exit the hospitality industry, presenting a lucrative opportunity for investors or hospitality groups looking to expand their footprint in Mumbai’s thriving hotel sector.

Year of Establishment

2023

No. of Employees

27

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes, competition is there

Products & Services

A Running premium 3 star Hotel

Growth Potential

Very high potential

Reason For Sale

Personal reasons

Financial Details

Contact Business