Hotel for Sale in Bangalore, India

- 20-suite hotel right on 80 Ft Road in the Koramangala area of Bangalore. Additional FSI Available for 4-5 more rooms.

- This is a well-constructed building built on a commercially converted plot.

- The owner has a contract with a hotel management company to operate the hotel.

- The hotel management company pays the owner of the property INR 3.5 lakh per month (INR 42 lakh annually).

- The buyer gets the land plot, hotel building, and they can choose to continue with the tenant company.

- The annual sales of the hotel is 80 Lacs.

The hotel offers its guests comfortable suites in the prime location of Koramangala in Bangalore.

Tangible assets include the:

- 2,500 sq. ft of land on 80 ft road in Koramangala.

- 4-storey hotel building with 15 rooms.

The entire property can be valued at INR 34,000 per sq. ft.

Intangible assets:

- Contract with the hotel management company that operates the hotel. The company pays the owner of the property INR 3.5 lakh per month.

- The plot size is 2,500 sqft, with a 60 Ft front.

- 4 storey building.

- The total built-up area is about 8,500 sq. ft.

Self Funded. It is Profitable business. Generates enough cash flows to sustain itself and deliver good IRR on the investments.