Well Established Hotel for Sale in Namakkal

Listing ID: SL003416
Posted By: Owner
Last Active: 1+ year ago
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Product / Service

This hotel was established in 2010. It is a sole proprietorship business. This is a 2 storeyed hotel with 25 rooms(15 AC and 10 Non AC). It is located at a prime location in the city.
The area of the premises is around 10000 sq. ft. Its current valuation is around 3Cr. There is an in-house restaurant in the hotel serving Indian and Chinese cuisines. The occupancy in the hotel is generally around 60%. Currently, more than 40 people work in the hotel. The other services provided by the hotel are Laundry, Parking facility, Elevator and a Mini Conference room.
The previous year financial revenue is INR 2.5Cr with a profit of almost 25 Lakhs. The owner is looking to start a new venture and hence is willing to sell this off. The Asking price is INR 4Cr(Negotiable)

Reason

Diversification

Keywords

Business Tags

Good area of Land high occupancy rate Highly Profitable Multicuisine Restaurant Prime Location

₹10 to ₹200 Cr

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