Well operating hotel raising fund on profit share basis
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We have self owned hotel with 27 rooms, banquet hall, conference room and 1 bar.
Clientele type
Before Covid there was 80% occupancy.
Restaurant and pub were of 90% occupancy.
Premises
OWNED
Premise Size: 22000
Market Value (in INR): 200,000,000
Total carpet area of the premises is 22,000Sq Ft.
Hotel is fully furnished.
Asking Price Includes
20% on profit share basis.
Reason
Raising fund to expand business.
Other Details
Hotel the Shack is located on the outer ring road in close proximity to the Bangalore International Airport which is a 30-minute drive.
The hotel is arranged on four floors, Each floor is 3,200Sq Ft.
With 27 rooms, a lift, banquet and a beautiful vintage style restaurant.
At present we are looking for partners/investors.
After covid we were not having enough working capital, to scale up the business now we need funds.
In last three years we have crated a good brand name of the hotel.
Banquet hall has a capacity of around 100-120 people.
Business Tags
₹10 to ₹200 Cr
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