Hotel for Sale in Margao, India
Prime 38-room hotel in Margao: high occupancy rates and award-winning service await buyers.
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | USD 213 thousand |
| Run Rate Sales | USD 213 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels |
| Locations | Margao |
| Local Time | 8:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
2.96 million
(Native Currency: INR 250,000,000)
Reason: The promoter is planning to go into the family business and wants to sell the business.
Includes physical assets worth
USD
2.96 million
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Business Overview
- Prime location in Margao, featuring 38 well-maintained rooms with air conditioning and a lift across 7 floors.
- Consistent performance with an impressive year-round occupancy rate of 75% to 85%.
- Established presence on Oyo for the last 2 years, enhancing visibility and customer reach.
- Recognized for quality with an award from Justdial, showcasing customer satisfaction and reliable service.
- Diversified income stream through leasing arrangements, currently generating a monthly rent of INR 15 lakh.
- Strong partnerships with multiple online service platforms for increased bookings and customer engagement.
- Flexible leasing options are available; the buyer can opt to continue with the existing tenant or regain control of the property within one month.
- The business is registered with GST certification.
- Consistent performance with an impressive year-round occupancy rate of 75% to 85%.
- Established presence on Oyo for the last 2 years, enhancing visibility and customer reach.
- Recognized for quality with an award from Justdial, showcasing customer satisfaction and reliable service.
- Diversified income stream through leasing arrangements, currently generating a monthly rent of INR 15 lakh.
- Strong partnerships with multiple online service platforms for increased bookings and customer engagement.
- Flexible leasing options are available; the buyer can opt to continue with the existing tenant or regain control of the property within one month.
- The business is registered with GST certification.
Products & Services Overview
The business's top-selling service is the accommodation it provides.
Assets Overview
Tangible assets:- Land of area 1,350 sq m.
- 7-floor building with 2 restaurants and 38 rooms having a total built-up area of 20.2k sq ft.
The land and the building are valued at INR 45 crore but are being offered at a discounted price of INR 25 crore.
Facilities Overview
The hotel operates from an owned facility.Land area - 1,350 sq m.
Built-up area - 20,200 sq ft.
The hotel has 7 floors and 38 rooms, all the rooms have ACs.
A lift is also available.
The hotel has 2 restaurants, 1 on the ground floor (120 pax) and the other 1 on the first floor.
Located in the heart of Margao, Goa.
Capitalization Overview
The business has a society loan of INR 1.2 crore and has 3 partners with 50/30/20 stakes.
Recent Activity
-
Earlier than 15 daysOwner, Pet Foods & Post Office Services, Bedford, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Raipur, Business Broker connected with the Business
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