Listing Details : LB-19733

Asking Price 26 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Broker

Overview

A running 3-star category hotel is available for sale in Mumbai, offering a well-maintained and fully operational hospitality setup. The property is built on a 6,300 sq. ft. site area with a total constructed area of 21,000 sq. ft., featuring a Ground + 4 storied structure. The hotel houses 54 rooms, including 50 standard rooms and a 4-bedroom penthouse. It offers multiple F&B outlets such as an 80-seater fine-dine restaurant, a 25-seater coffee shop, a 125-pax banquet hall, and a spacious kitchen. Recently, major renovations worth ₹2.5 crore have been completed. The asking sale price is ₹26 crore, while the valuation for partnership stands at ₹28 crore, making it a strong investment opportunity.

Year of Establishment

N.A

No. of Employees

9

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

28 Crs

Property Classification

Commercial

Describe Property

N.A

Competition / Market

Yes, competition is there

Products & Services

3 star hotel

Growth Potential

Very high growth

Reason For Sale

Personal reasons

Financial Details

Contact Business