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Luxury Hotel for Sale in Chennai, India

Beautiful luxury 4-star hotel with 96 rooms, bar and restaurant for sale in Chennai.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 3.5 million
Run Rate Sales USD 3.5 million
EBITDA Margin 30 %
Industries Luxury Hotels
Locations  Chennai
Local Time 11:23 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 20 million (Native Currency: INR 1,600,000,000)
Reason: Owner wants to focus on another business. - Price is slightly negotiable. - We will charge a commi... View More
Includes physical assets worth USD 20 million
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Business Overview

1. Beautiful 4-star luxury hotel with 96 rooms, bar and restaurants located in Chennai.

2. Includes a lobby and restaurant on the ground floor, a bar and restaurant on the first floor, and a conference hall and reception.

3. Up-to-date bar license, CMDA clearance certificate, and property tax paid.

4. Car parking for 60 vehicles and two-wheelers parking of 200nos, all CMDA approved.

5. 40 employees ensure a well-run operation.

6. Located in a desirable, growing area of Chennai.

7. An ideal opportunity for investors looking to enter the luxury hotel market.

Products & Services Overview

4-star hotel with 96 rooms,

Ground floor = lobby & restaurant,

First floor = bar & restaurant,

Conference hall and reception are also available.

Assets Overview

All the assets are included with the entire building, land, interiors, furniture and other items.

Facilities Overview

Own property in Chennai's central area.

Built up area = 70,000 sqft.

Total rooms = 96 rooms.

Normal rooms = 80 rooms.

Suit rooms = 8 rooms.

Deluxe rooms = 8 rooms.

Capitalization Overview

The property is clearly held by an individual person and his family, not a group or partnership firm or organization.

Business does not have any liabilities.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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