Listing Details : LB-14752

Asking Price 20 Crs
Turnover 2 Crs
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

We are selling our 3-star hotel in Chennai, operational since 2014. The hotel is located on a land area of 1,618 square meters, with a built-up area of 27,000 square feet. It features a total of 20 identical rooms, offering comfortable accommodations for guests. In addition to the hotel, there are 7 retail shops located at the back, which will also be included in the sale. This is a great opportunity, as the hotel is in a prime location, attracting a lot of foot traffic. The hotel has been well-maintained and has a solid reputation in the area, making it a great investment for anyone looking to enter the hospitality industry. With the added retail space, there is potential for additional income.

Year of Establishment

2014

No. of Employees

10

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

It features a total of 20 identical rooms, offering comfortable accommodations for guests. In addition to the hotel, there are 7 retail shops located at the back, which will also be included in the sale.

Growth Potential

Very High

Reason For Sale

Not able to give much time

Financial Details

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